Inflation, lack of children's support and pension: reasons why more Korean retirees work, says BOK
EconomyOct 31, 2022
SEJONG -- The number of seniors engaging in economic activities has increased, seemingly due to their worsened living conditions involving lower-than-expected annuity income as well as reduced cash support from their children, a central bank report showed Monday. According to an analysis on factors of rising employment rate among seniors from the Bank of Korea, the tally for employed people aged...