back
|
 |
Elderly Want to Work until 68 but 54% Jobless
By Kim Sung-mi, The Korea Herald
February 4, 2004
Koreans in their 50s and 60s want to work until the age 67.8 on average but more than half of them are jobless, a survey showed yesterday.
The Korea Research Institute for Vocational Education & Training said, based on its survey of 855 people between the age of 55 and 69 living in metropolitan areas, 53.7 percent were jobless, with 33.8 percent engaged in sales and service jobs, 7.3 percent in construction, manufacturing and agriculture jobs and 5.2 percent running their own business or at management positions.
When asked if they would want to work after retirement, 49 percent of current workers said yes and 37.2 percent said no. Nine percent said they have a second job, which they will keep during retirement, and 4.8 percent said they are undecided.
Those who wanted to find jobs after retirement said they just like working itself, need money or they believe daily jobs would help keep up their health.
About expected salary levels, 44.6 percent hoped to receive from their next jobs about 51 percent to 70 percent of the peak wages they used to get when they were younger, 13.4 percent expected more than 71 percent of their best wages and 42 percent said they want to work for even less than half of their used-to wages.
In reality, the elderly or middle-aged people with jobs earn about 50 percent of their past best wages on average, the survey showed.
Only 9.2 percent earn more than 3 million won a month, 30.8 percent receive 1.5 million won to 3 million won and 20.4 percent are given 1 million to 1.5 million won.
The majority of 39.6 percent of the surveyed workers earn a monthly salary of less than 1 million won.
Copyright © 2002
Global Action on Aging
Terms of
Use | Privacy
Policy | Contact Us
|
