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South Korea's Workforce: Young Employees Decline, Older Surge

7/16/2025

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Summary

Story summary

In South Korea, the workforce landscape is shifting dramatically. The percentage of employees in their 20s at major companies has plummeted from 24.8% in 2022 to just 21% in 2024, as over half of surveyed firms cut back on younger staff. Meanwhile, the number of employees aged 30 and older has surged by approximately 35,000, reflecting a growing preference for seasoned professionals amid economic challenges.

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Story summary

In South Korea, the workforce landscape is shifting dramatically. The percentage of employees in their 20s at major companies has plummeted from 24.8% in 2022 to just 21% in 2024, as over half of surveyed firms cut back on younger staff. Meanwhile, the number of employees aged 30 and older has surged by approximately 35,000, reflecting a growing preference for seasoned professionals amid economic challenges.