ANSAN, Feb. 9 (Korea Bizwire) –In the city of Ansan, senior citizens are taking charge as safety managers for personal mobility devices (PMDs) that have been neglected in urban areas. On February 8, the city of Ansan announced that starting from February 13, a team of seniors called the ‘Senior Electric Scooter Safety Guides’ will [...]
SEOUL, Aug. 3 (Korea Bizwire) — The share of frail senior citizens in the elderly population in South Korea has significantly declined amid rapid population aging, a study showed Wednesday. A joint research team from Asan Medical Center and Chonnam National University Hospital analyzed the health of 17,784 individuals aged over 65 during the period [...]
SEOUL, July 25 (Korea Bizwire) — Around 60 percent of South Korean seniors were economically active as of May, data showed Tuesday, reflecting the country’s rapidly aging population. The poll by Statistics Korea showed 60.2 percent of the country’s 15.48 million people aged from 55 to 79 were economically active, up 0.8 percentage point from [...]
SEOUL, June 4 (Korea Bizwire) — More than 3 out of 10 South Korean senior citizens work low-wage jobs after retirement to help cover their living costs, and their poverty rate still remains high among the members of the Organization for Economic Cooperation and Development (OECD), a report showed Sunday. The employment rate among those [...]
SEOUL, Feb. 6 (Korea Bizwire) — Older adults in Seoul estimate the average age of senior citizens at 72.6 years, a survey by the metropolitan government said Monday. The city government conducted the survey on 3,010 men and women over the age of 65 living in the capital for two months from last June to [...]
SEOUL, Sept. 29 (Korea Bizwire) — People aged 65 and older took up 17.5 percent of South Korea’s population this year amid rapid aging, data showed Thursday, underscoring concerns that the demographic change could weigh on the country’s economy. The number of older adults stood at 9.02 million out of the country’s 51.6 million population [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea is expected to become the country with the largest share of people aged 65 years or older in the world in 2044 due to rapid aging, data showed Monday. The proportion of senior citizens in South Korea is forecast to account for 36.7 percent of the total [...]
SEOUL, July 26 (Korea Bizwire) — Nearly 70 percent of South Korean senior citizens said they want to continue to work until the age of 73, a survey showed Tuesday, amid rapid aging and a rise in life expectancy. The poll by Statistics Korea showed 10.35 million, or 68.5 percent, of the 15.1 million people [...]
SEOUL, Dec. 10 (Korea Bizwire) — Lee Hong-jun (alias), an 80-year-old man living outside of Seoul, always finds it frustrating when he has to handle online banking via his mobile phone as he has trouble going through what seems to be endless and complicated digital procedures. Having retired over 20 years ago, Lee now feels [...]
SEOUL, July 29 (Korea Bizwire) — South Korea, the country with the highest poverty and suicide rates of seniors among the Organization for Economic Cooperation and Development (OECD) states, is struggling to improve the lives of senior citizens. A report from Statistics Korea released on Tuesday shows a gloomy forecast for older Koreans. Among 14.8 [...]