Shortage of caregivers will lead to $57.6 bil. economic loss: BOK
Korea is struggling to find caregivers, as demand for them is increasing in the midst of a demographic crisis but supply is falling far behind. As family members are forced to fulfill the tasks, the economic loss can be as much as 77 trillion won ($57.6 billion) by 2042, according to the Bank of Korea (BOK) Tuesday.
Mar 5, 2024By Yi Whan-woo