South Korea recently released the 2022 Employment Population Survey data, showing that the employed population over the age of 60 increased by 452,000 to 5.858 million, hitting record highs in both growth rate and scale.
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[Instant News/Comprehensive Report] The wave of aging is coming!
South Korea recently released the 2022 employment survey data. Last year, the employed population over the age of 60 increased by 452,000 compared with 2021, reaching 5.858 million. The proportion of the total employed population also exceeded 20% for the first time, reaching 20.9%.
According to Yonhap News Agency, South Korea’s Ministry of Administration and Security, Ministry of Small and Medium Venture Enterprises, and Statistics Office released employment statistics today (17th). The above-mentioned employment population has increased by 452,000 compared with 2021, and the total is 5.858 million.
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"Yonhap News Agency" pointed out that in addition to exceeding 20% of the employed population, people over the age of 60 also exceeded 25% of the total population for the first time.
The total registered population of South Korea at the end of 2022 is 51.259 million, of which 13.454 million are over 60 years old, accounting for 25.7%.
It is worth noting that the rate of aging in South Korea is accelerating, and the employed population between the ages of 30 and 40, which was previously regarded as the main force of the economy, is in a state of decreasing in the increasing trend of the employed population.
The employed population in their 30s has decreased for nine consecutive years since 2013, and in 2022 it will only increase by 46,000 compared to 2021. The employed population in their 40s is even worse, with an increase of only 3,000 last year compared to 2021.
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