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South Korean’s Healthy Life Expectancy Not Catching up Extended Average Lifespan

South Korean’s Healthy Life Expectancy Not Catching up Extended Average Lifespan

SEOUL, April 15 (Korea Bizwire) – South Koreans’ healthy life expectancy is estimated to be nine years shorter than the country’s average lifespan, data showed Saturday, urging local health authorities to beef up efforts to improve  public health. The country’s average healthy life expectancy, which is defined by the anticipated lifespan of people without any [...]

Seoul Street Remodeled to Better Serve Aging Population

Seoul Street Remodeled to Better Serve Aging Population

SEOUL, Nov. 30 (Korea Bizwire) – Tapgol Park, located in central Seoul, is a popular destination for local seniors, with some 6,000 elderly visitors flocking to the park each day. In a move that is sure to appeal to the park’s faithful, construction work on an adjacent street has recently been completed, with a new [...]

Elderly Hold Key to Korea’s Consumption Growth

Elderly Hold Key to Korea’s Consumption Growth

SEOUL, Nov. 9 (Korea Bizwire) – Amid stagnant growth of local household consumption, a recent study indicated that the elderly will play an essential role in leading Korea’s future consumption.  According to the report – Consumption Status of the Elderly and its Implications – compiled by the Bank of Korea’s research bureau, the contribution rate [...]

Senior Temporary Employees Soar amid Fast-Aging Korean Society

Senior Temporary Employees Soar amid Fast-Aging Korean Society

SEOUL, Nov. 7 (Korea Bizwire) – A recent study from Statistics Korea revealed that the number of temporary employees aged 60 and above has more than doubled over the past decade, calling for government measures to provide aged workers with stable jobs to prevent elderly poverty.  According to the study, there were 1,468,000 employees aged [...]