This presentation provides evidence of how rapid changes in the industrial structure and production technology affect the employment and retirement of aged people, specifically, in the U.S. from 1880 to 1940 and in South Korea from 1960 to 2017. Both nations experienced radical economic and social changes during these periods. The U.S. transformed from an agrarian society into the world’s strongest industrial power as the Second Industrial Revolution occurred and matured. Similarly, South Korea transformed from a poor country recovering from a devastating war into one of the fastest-growing economies in the late 20th century. Therefore, these two historical cases from opposite sides of the globe and during different time periods may offer useful insights into the effects of rapid and radical economic changes on aged labor.
Korea-Pacific Program Webinar Series:
This webinar series is designed to showcase new research as well as a forum for discussion of major policy issues. This series has received generous support from the Korea Foundation and the National Research Foundation of Korea (NRF-2020S1A3A2A02104190).