1 out of 4 people in their 70s are “employed”… “I work because I need money” = South Korea

In South Korea, it was found that one out of every four people over 70 is a ``employed person'' who works because they need money.
On the 19th, according to an analysis by the Korea Statistics Authority's National Statistics Portal (KOSIS), the
The population aged 70 and over was 6,314,000. Of these, 1.55 million people were employed, an increase of 11.4% compared to one year ago (1.391 million people).
Additionally, the percentage of employed people aged 70 or older increased from 5.1% in January last year to 5.6% in January this year. Employment rate for people over 70 is 24.5%
Met. This means that one in four people over 70 works for more than an hour for income or works unpaid in a family-run business.
Of the population of 4.03 million people, 756,000 people aged 75 and over were employed, recording an employment rate of 18.8%.
Meanwhile, the number of elderly people who wish to work continues to increase. The economy according to the Statistics Agency announced in May last year
According to the Active Population Survey, the percentage of people aged 65 to 79 who wish to continue working was 55.7%.