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50% of Older South Korean Self-Employed Earn Below Minimum Wage

3/24/2025

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Summary

Story summary

In South Korea, a staggering 50% of self-employed individuals over 50 earn less than the minimum wage, revealing a troubling trend among older workers who often resort to low-margin jobs. This alarming report underscores the pressing need for government intervention to bolster their financial security and improve their livelihoods.

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Story summary

In South Korea, a staggering 50% of self-employed individuals over 50 earn less than the minimum wage, revealing a troubling trend among older workers who often resort to low-margin jobs. This alarming report underscores the pressing need for government intervention to bolster their financial security and improve their livelihoods.