The consequence of that is a society that’s even more generated right up of old some body. From the 2030, nearly you to-3rd of all the Southern area Koreans is age 65 otherwise older, according to a research blogged a year ago of the economist Lee Jong-wha out of Korea School.

Given that seniors is actually smaller ready otherwise in a position to performs, a high ratio of these will eventually produce a work scarcity, said Kang Sung-jin, an enthusiastic economist and you may movie director from Korea University’s Institute from Renewable Advancement. (more…)