One-Third of Workers Are Over 50

      May 13, 2011 10:13

      More than 8 million workers in Korea or one-third of employees in the country are over 50 as the population ages. According to Statistics Korea on Thursday, the number of workers over 50 stood at 8,022,000 in April, up 313,000 on-month and more than double the number in 1991.

      The ratio of the over-50 workforce to the entire employed population rose from 20.9 percent in 1991 to 33 percent this year.

      Since 2000, the aging of the workforce has accelerated. People in their 30s accounted for the largest portion of the workforce at 28.6 percent in 2001, followed by those in their 40s (25.8 percent), 20s (20.7 percent), 50s (13.7 percent), and those over 60 (9.6 percent).

      By contrast, as of the end of April this year, those in their 40s topped the list at 27.3 percent, followed by those in their 30s (23.9 percent), 50s (20.9 percent), and 20s (15 percent).

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