US EditionSouth Korea: Older Workers’ Low-Paid, Precarious Work
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4 Articles
South Korea: Older Workers’ Low-Paid, Precarious Work
Click to expand Image A “recruitment bulletin board” at a job fair for older people in Suwon, near Seoul, South Korea, October 2019. © 2019 YONHAP/EPA-EFE/Shutterstock South Korea’s age-based employment laws and policies discriminate against older workers, forcing them to retire from main jobs and into low-paid, precarious work.Inadequate social security compounds this loss of income, creating a system that punishes workers for getting older.The…
South Korea faces a demographic crisis with an accelerated ageing of its population, as one in five people is 65 years of age or older. However, the employment situation for those over 40 years of age is worrying. Businesses in South Korea tend to lower the wages of their employees as they age, leading many to a situation of poverty. Human Rights Watch has published a report entitled “The Punishment for Getting Older”, which denounces how the co…
A new report reveals how South Korea's wage and retirement system is hurting older workers and pushing them into unstable, low-wage employment. The post Wages Cut Because You're Getting Older: How South Korea Is Pushing Seniors into Poverty appeared first on סרוגים.
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