SEOUL, Jan. 26 (Korea Bizwire) — Only a small percentage of people in their mid- or later stages of life believe that they can be financially independent, without any help from the state, social groups and family members, a survey showed Wednesday. The National Pension Research Center conducted a survey of 4,024 households (6,392 people) [...]
SEOUL, Jan. 25 (Korea Bizwire) — Seniors living alone can raise their level of life satisfaction and lower stress by adopting a pet, a study showed Tuesday. A research team from the Korea Institute for Health and Social Affairs surveyed 1,308 people over 60 years of age forming single-person households, to learn about their pets, [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korean senior citizens’ poverty rate has been on the mend but is still high among members of the Organization for Economic Cooperation and Development (OECD), a report showed Thursday. The relative poverty rate of South Koreans aged 65 and older stood at 37.6 percent in 2021, down 1.3 [...]
SEOUL, Jan. 18 (Korea Bizwire) — Seniors who eat alone grow old much faster than others, a study indicated Tuesday. A joint research team from Samsung Medical Center and Kyung Hee University Medical Center conducted a study of 2,072 seniors who participated in the Korea Frailty and Aging Cohort Study in 2016 and 2017, comparing [...]
SEOUL, Jan. 10 (Korea Bizwire) — A low birthrate and aging population are creating a demographic cliff, pushing rural and fishing villages to the brink of extinction. A rural village in Goesan County, North Chungcheong Province is home to 45 households, all of which work as farmers. There are three or four farmers in their [...]
SEOUL, Dec. 20 (Korea Bizwire) — The Seoul Metropolitan Government’s new digital guide program, which was designed to help seniors use digital devices, has received a positive response from the elderly population. Since July, the city selected 100 digital guides over 50 years of age, deploying teams of two in 50 locations including subway stations, [...]
SEOUL, Dec. 15 (Korea Bizwire) — Senior couples living together have higher satisfaction in life than those living with their children or alone, a recent study showed. 52.9 percent of senior couples were “satisfied” with their lives, followed by 47.3 percent of seniors living with their children and 42.6 percent of those living alone in [...]
SEOUL, Dec. 12 (Korea Bizwire) — The Seoul Digital Foundation, a digital arm of the Seoul city government, said Sunday it will open an online education platform to enable senior citizens to check their digital competency and get customized education recommendations. The Edutech Campus, slated to be operated from Monday, enables senior trainees to instantly [...]
SEOUL, Nov. 3 (Korea Bizwire) — Almost half of South Korean senior citizens receiving pensions are reluctant to stop working, a report said Wednesday. The Federation of Korean Industries analyzed the five-year data provided by Statistics Korea, which showed that as of May of this year, there were more than 3.7 million seniors in the [...]
SEOUL, Nov. 1 (Korea Bizwire) — The recent spike in the number of seniors returning to the labor market reflects a deteriorating quality of life led by rising consumer prices, a central bank report said Monday. The Bank of Korea report said that the number of seniors over 60 years of age who got new [...]