SPRINGHILL GROUP KOREA: Seoul to have just two workers to su
Flixya - September 20, 2012 - " SPRINGHILL GROUP KOREA '"- An average of two Seoul Citizens Would Have to work to support one elderly by 2039 amid the falling birth rate and rising life expectancy, statistics Showed Wednesday. Currently working an average of 7.4 people support each senior citizen. The demographic change is Feared to squeeze the city's workforce, threatening growth and Pension Systems. The data based on a survey by the Statistics Korea Also Indicated That the number of youth aged 1 to 14 is forecast to Decrease by 25 percent to 1.3 million . As a result, young people would comprise 10.3 percent, 60.1 percent the work force and 29.6 percent of senior citizens the Seoul population. The number of senior citizens over 65 prepared for retired life has Increased from 35 percent to 47.1 percent. Among elders over 60, 97.3 percent Wished to receive welfare services. Among the options, 34.1 percent wanted health examinations, 24 percent and 14.2 percent wanted nursing assistance
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