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South Korea’s Non‑Wage Workforce Climbs for First Time in Three Years as Elderly and Youth Start Businesses

South Korea’s number of self‑employed and unpaid family workers rose in August, with growth led by seniors over 70 and young adults aged 15‑29, according to Ministry of Data and Statistics data reported by Xinhua.

By MetaWorld MediaSource: english.news.cn2 min read

In brief

South Korea’s non‑wage workers total increased to 6.625 million in August, the first rise in three years, driven by a surge in business openings among the elderly and young adults. The growth was concentrated in the 30‑year‑old age group and individuals 70 plus, marking the highest share of seniors since data began in 2007.

South Korea’s non‑wage workforce grew for the first time in three years in August, according to data released by the Ministry of Data and Statistics and reported by Xinhua on November 4.

The total number of workers who are either self‑employed or unpaid family workers rose to 6.625 million, a jump of 71,000 from the same month last year, a change that pushes the share of non‑wage workers to 22.7 percent of the country’s employed population, up 0.1 percentage points over the prior year, Xinhua noted.

Within the self‑employment cohort, the number of workers with employees increased by 47,000 to 1.481 million, while those without employees grew by 62,000 to 4.303 million, according to the ministry’s figures. This dual‑stream expansion contributed most of the overall rise, Xinhua reported.

Conversely, the pool of unpaid family workers shrank by 37,000, sliding to 841,000 as of August. The decline, while modest, underscored a shift in the composition of the non‑wage sector, the report added.

Age‑specific growth revealed that workers in their 30s saw the largest increase, climbing by 55,000. The youth segment aged 15 to 29 gained 24,000, reflecting a gradual uptick among young entrepreneurs, Xinhua said.

Perhaps most striking was the swell of seniors. The non‑wage workforce for those aged 70 and older expanded by 23,000 to 965,000, representing 14.6 percent of all non‑wage workers. This marks the highest proportion for that age category since data collection began in 2007, the ministry noted.

After dipping from 6.724 million in 2023 to 6.657 million in 2024 and 6.554 million in 2025, the 2026 statistics were the first observed rebound in three years, Xinhua highlighted. The rebound was seen as a sign of improving entrepreneurial momentum across generations, the source said.

With the elderly and younger adults driving the uptick, experts suggest that policy initiatives aimed at supporting senior business ventures and youth start‑ups may have begun to yield measurable results. The ministry’s data will be closely watched as analysts look for continued momentum in the coming months.

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