The relative poverty rate among senior citizens in South Korea is 49.3 percent, the highest of the industrialized countries. Public pensions tend to be small. And the suicide rate for senior citizens, surely an indicator of economic strain, is the highest among the industrialized countries, at about 80 for every 100,000 people. Meanwhile, South Korea’s younger people are facing unemployment not seen since the early 1980s. More than half of the country’s college-educated youth in their 20s remains unemployed or has stopped searching for work.
Posted on: Wed, 29 Jan 2014 12:16:09 +0000
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