South Korea promotes employment model for the elderly

VTV.vn - Seoul takes the lead in making middle-aged employment a national priority, assigning the Seoul 50 Plus Fund to expand job fairs, vocational training...

South Korea promotes employment model for the elderly

South Korea is entering a super-aging society, with more than 20% of the population over 65 and the workforce expected to shrink by more than 10 million over the next decade. In that context, the 40-64 age group - accounting for nearly 40% of the population - is seen as a pillar that must be maintained to ensure growth.

Seoul has taken the lead in making middle-aged employment a national priority, commissioning the Seoul 50 Plus Foundation to expand job fairs, vocational training, and connections to more than 5,000 job opportunities each year. The city is also preparing to launch the Middle-Age Employment Academy in March, offering one-stop counseling, training, and job-hunting support.

Professor Lee Cheol Hee of Seoul National University stressed that in the context of rapid changes in technology and industrial structure, early career transition and skill development are essential to maintain future labor productivity. He expects the Seoul 50 Plus Foundation's programs to bring practical effects to this target group.

The Seoul 50 Plus Foundation asserts that in an era of population decline, cultivating the middle-aged class as a core workforce is the only solution to maintaining economic vitality. Seoul's middle-aged employment model is being replicated nationwide, with many localities such as Busan, Gwangju, Jeju and Suncheon studying the adoption of key policies and programs from Seoul.

Source: https://vtv.vn/han-quoc-thuc-day-mo-hinh-viec-lam-cho-nguoi-lon-tuoi-100251124220238406.htm