[Graphic News] Korea’s productive population on the decline
Social affairsJul 21, 2014
South Korea’s working-age population is likely to decline in the future, putting more pressure on the young to support senior citizens who are not in the labor force.According to a report released by the OECD, the number of individuals in the workforce per senior citizen in Korea is predicted to decline to 1.96 by the year 2036, from this year’s 5.26.This means less than two working Koreans will have to support a single dependent, elderly individual. South Korea currently ranks third after Mexic