Government data reveals that the number of employed South Koreans aged 55-79 has exceeded 10 million for the first time, reaching 10.13 million as of May. This represents an increase of 345,000 compared to the previous year, with those aged 65-79 contributing significantly to the growth. The older adult population now stands at 17 million, making up 37% of individuals aged 15 and above. Approximately 69.2% of respondents expressed a desire to continue working, with an average preferred retirement age of 73.6 years. Over half of those continuing to work cited supplementing living expenses as their primary motivation. Pension recipients now account for 52.7% of older adults, with average monthly payments rising 2.1% to 880,000 won, though there remains a significant gender disparity in pension amounts.
Bias read (Center): The article presents factual statistical data regarding employment trends among older workers in South Korea without overtly favoring any particular political ideology. It reports on demographic changes, economic factors, and social attitudes toward aging populations without taking a clear stance on
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