The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Family of five found dead in Incheon

  • 3

    Malaysia looks east to Korea for future economic growth

  • 5

    Post-Colonialism and BTS

  • 7

    Grandson of Chun Doo-hwan hospitalized after using drugs on livestream

  • 9

    Koreans wish to work less than 40 hours per week: survey

  • 11

    Apple Pay's imminent launch in Korea draws mixed responses

  • 13

    Amorepacific President Lee Dong-soon vows to bolster presence in ASEAN, Japan, US

  • 15

    Woman killed in stopped car struck by bus on highway

  • 17

    ANALYSISYoon-Kishida summit may 'raise ceiling' for trilateral cooperation with US: expert

  • 19

    US House Foreign Affairs Committee members to visit Seoul next month

  • 2

    INTERVIEW'The Glory' actress Lim Ji-yeon says she wanted everyone to hate her character

  • 4

    BTS member Jimin's single tops iTunes charts in 110 countries

  • 6

    Yoon faces strong political backlash after Tokyo summit

  • 8

    Mask mandate on public transportation to end Monday

  • 10

    Centre Pompidou's Korean branch to open in 63 Building

  • 12

    Political divide intensifies in Korea over Yoon-Kishida summit

  • 14

    ICC issues arrest warrant for Putin over Ukraine war crimes

  • 16

    Turkish president supports Finland's NATO bid

  • 18

    Stocks fall to cap chaotic week driven by fears about banks

  • 20

    Kremlin dismisses ICC warrant for Putin

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Mon, March 20, 2023 | 20:59
Economy
Number of working Koreans aged 60 and above more than doubles in 10 years
Posted : 2023-03-19 10:56
Updated : 2023-03-20 14:41
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
An elderly man takes a photo of job information on the bulletin board at an employment center in Mapo, western Seoul, March 15. Yonhap
An elderly man takes a photo of job information on the bulletin board at an employment center in Mapo, western Seoul, March 15. Yonhap

The number of working South Koreans aged 60 and above has more than doubled in the past 10 years due to higher living costs amid a global economic slowdown, government data showed Sunday.

The number of working Koreans aged 60 and older jumped to 5.77 million in February from 2.73 million in the same month of 2013, according to Statistics Korea's Korean Statistical Information Service (KOSIS).

The figure of 5.77 million was the highest for a February since KOSIS began to compile related data in 1996. The latest February figure is up 413,000 from a year earlier.

Most baby boomers born between 1955 and 1963 have turned 60, pushing up the number of the elderly seeking jobs. Some of them need to work due mainly to rising consumer prices, KOSIS said.

In the past 10 years, the employment rate among those aged 60 and older has continued to rise, reaching 42.8 percent in February from 32.8 percent a decade ago. (Yonhap)


 
LG Group
Top 10 Stories
1Yoon faces strong political backlash after Tokyo summit Yoon faces strong political backlash after Tokyo summit
2Koreans wish to work less than 40 hours per week: survey Koreans wish to work less than 40 hours per week: survey
3Apple Pay's imminent launch in Korea draws mixed responses Apple Pay's imminent launch in Korea draws mixed responses
4Woman killed in stopped car struck by bus on highway Woman killed in stopped car struck by bus on highway
5[ANALYSIS] Yoon-Kishida summit may 'raise ceiling' for trilateral cooperation with US: expertANALYSISYoon-Kishida summit may 'raise ceiling' for trilateral cooperation with US: expert
6New EU trade policies unnerve Korean firms New EU trade policies unnerve Korean firms
7Land minister fortifies city building cooperation with Indonesia Land minister fortifies city building cooperation with Indonesia
8North Korea fires ballistic missile as US bombers join drills North Korea fires ballistic missile as US bombers join drills
9Could Doosan Robotics be valued at 1 trillion won in IPO? Could Doosan Robotics be valued at 1 trillion won in IPO?
10Bitcoin extends super-rally amid SVB fiasco Bitcoin extends super-rally amid SVB fiasco
Top 5 Entertainment News
1[INTERVIEW] 'The Glory' actress Lim Ji-yeon says she wanted everyone to hate her character INTERVIEW'The Glory' actress Lim Ji-yeon says she wanted everyone to hate her character
2Competition among rookie boy groups to gain momentum Competition among rookie boy groups to gain momentum
3'Dansaekhwa' master's art museum to be prominent addition to Jeju Island's cultural fabric'Dansaekhwa' master's art museum to be prominent addition to Jeju Island's cultural fabric
4Film highlights discrimination against Chosun schools in Japan Film highlights discrimination against Chosun schools in Japan
5Kim Hee-ae, Moon So-ri team up for Netflix political drama 'Queenmaker' Kim Hee-ae, Moon So-ri team up for Netflix political drama 'Queenmaker'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group