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As Korea becomes a super-aged society, healthier and wealthier elderly people, often referred to as 'active seniors,' are emerging as the predominant consumer group. Active seniors are individuals aged 50 and above who remain active in social endeavors and continue to indulge in consumption and leisure activities post-retirement.
Growing employment among women and increased economic activity among seniors are transforming societal norms in Korea as more women in their 60s are now participating in the workforce rather than staying at home to handle domestic duties such as caring for grandchildren, recent government statistics showed.
Seoul [South Korea], March 25 (ANI/Global Economic): As the total fertility rate - the average number of children that would be born to a woman over her lifetime- has rapidly decreased, South Korea's population actually declined last year.