March 28, 2016 09:12
About four in 10 elderly people in Seoul work for a living. According to a survey of 1,000 elderly workers in Seoul in April and May last year by the Seoul Institute, they earned on average W1.23 million a month for 12.9 hours of work per day (US$1=W1,171).
Seoul had an elderly population of 1.24 million as of last year, and some 460,000 or 38 percent had a job.
The elderly population with jobs in Seoul is far higher than the rest of the country's 27 percent. Wage earners account for 34 percent of the working elderly, while the rest are self-employed.
The bulk of employed elderly people or 85.4 percent had menial jobs such as guard or janitor, street sweeper, delivery man, cleaner and cab driver.
Most said they took the jobs to make ends meet (62.2 percent), while others wanted to save or earn pocket money.
The self-employed elderly fared a little better, earning W1.59 million a month for 10.9 hours of work a day.
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