SUWON, May 19 (Korea Bizwire) — Most senior citizens in South Korea want to continue working until the age of 71, a recent survey showed. The Gyeonggi Research Institute conducted a nationwide survey of 500 employed seniors over 60 years of age, 97.6 percent of whom wanted to continue working. Among them, 46.3 percent wanted [...]
SEOUL, May 9 (Korea Bizwire) — Seniors with dementia have seen their symptoms worsen at a much faster rate after being cut off from society during the pandemic era. Choi Ho-jin, a professor of neurology at Hanyang University Guri Hospital led a team that published an article in Dementia and Neurocognitive Disorders, a journal published [...]
SEOUL, May 9 (Korea Bizwire) — The number of elderly individuals living alone in Seoul has exceeded the 350,000 level, data showed Sunday. According to data from Statistics Korea, the number of seniors over 60 years of age living alone in the capital city totaled 355,000 as of 2020, up about 30,000 compared to a [...]
SEOUL, April 19 (Korea Bizwire) — Most senior tech entrepreneurs established their own businesses on the basis of their experience at previous jobs, a survey showed Monday. The Korea Institute for Industrial Economics and Trade conducted a survey of 222 tech founders older than 40 years old, who established their own businesses in the areas [...]
SEOUL, April 15 (Korea Bizwire) — One third of South Koreans will be over 65 years of age by 2040, indicating that senior population will triple in proportion to the productive age population between 15 and 64 years of age, a report showed Thursday. The country’s overall population will shrink from 51.84 million in 2020 [...]
SEOUL, April 14 (Korea Bizwire) — As the process of digitalization builds up speed amidst the spread of contactless services in the pandemic era, more people in their 50s and 60s are using online banking and shopping platforms. The Ministry of Science and ICT conducted a survey of 25,144 households and their 60,305 members over [...]
SEOUL, April 12 (Korea Bizwire) — The number of individuals with Parkinson’s disease in South Korea has been on a constant climb over the past five years. The National Health Insurance Service reported that the number of patients with Parkinson’s disease grew from 96,764 people in 2016 to 111,312 people in 2020, up by 15 [...]
SEOUL, April 6 (Korea Bizwire) — The relative poverty rate of South Korean senior citizens has been on the decline, but is still high among member countries of the Organization for Economic Cooperation and Development (OECD) amid rapid aging, a report showed Wednesday. The relative poverty rate of South Koreans aged 66 or older came [...]
SEOUL, March 30 (Korea Bizwire) — Fewer family interactions in the pandemic era have resulted in a doubling of the risk of depression among seniors, a study showed Tuesday. A research team from the SMG-SNU Boramae Medical Center and Seoul National University Bundang Hospital announced on Tuesday the results of a nationwide cohort survey on [...]
SEOUL, March 9 (Korea Bizwire) — South Korea’s elderly poverty rate, which was once the highest among Organization for Economic Cooperation and Development (OECD) member countries, has slipped to the 30 percent level for the first time. According to Statistics Korea, the nation’s elderly poverty rate for those aged 65 or older on the basis [...]