Tuesday, July 18, 2006

Korea: Over-50 Workforce Becomes Largest Segment

According to Korea's National Statistical Office (NSO), the number of workers over 50 surpassed the working population of those in their 30's and 40's for the first time--the number of workers over 50 stands at about 6.5 million, or 27.7% of the workforce, as compared to 6.2 million, or 26.5%, in their 30's and 6.45 million, or 27.6%, in their 40's. Out of workers over 50, 3.89 million were in their 50s and 2.61 million were over 60.

Source: The Hankyoreh "People over 50 emerge as mainstream workforce" (July 18, 2006)

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