S. Korea’s largest firms ageing fast, under-30 workers at historic low

Record low: Pedestrians walk past a shop in Seoul. Workers under the age of 30 accounted for just 19.8% of employees across 124 major companies in 2024. – AFP

SEOUL: For the first time on record, employees under 30 now make up a smaller share of the workforce than those aged 50 and above at South Korea’s largest companies.

According to data published by research firm Leaders Index, workers under the age of 30 accounted for just 19.8% of employees across 124 major companies in 2024.