working age Archives | Be Korea-savvy
Plunging Child, Working-age Populations Raise Concerns over Future Gov’t Finances

Plunging Child, Working-age Populations Raise Concerns over Future Gov’t Finances

SEOUL, Aug. 2 (Korea Bizwire) — Politicians are coming up with various welfare promises as they prepare for next year’s presidential election, but the working-age population or the number of future taxpayers, whose taxes are vital in supporting these welfare policies, is plunging. Statistics Korea’s 2020 Population and Housing Census showed that the working-age population [...]

Supreme Court Rules Working Age Limit for Cement Truck Drivers Should be Raised

Supreme Court Rules Working Age Limit for Cement Truck Drivers Should be Raised

SEOUL, Apr. 26 (Korea Bizwire) — South Korea’s Supreme Court ruled recently that the working age limit for ready-mix concrete truck drivers should be raised to over 60 years old. The decision comes after the Supreme Court’s consensus in February that the working age limit for physical laborers should be raised to the maximum of [...]