Video
[Anchor]
Joining us on this Wednesday's Friendly Economy is reporter Han Jiyeon. Reporter Han, what are you going to explain today, June 24?
[Reporter]
I was quite surprised when I saw this statistic today.
It showed that the burden of household chores for women does not end until they reach the age of 84.
In terms of the duration of bearing this burden, it is nearly five times longer than that of men.
For men, the amount of housework they do for other family members increases starting from age 32, but by age 44, they transition to receiving help.
This period lasts about 12 years.
On the other hand, women take on more housework starting from age 26 and only transition to receiving help with household chores at age 84.
This means they are in a position of doing more housework for other family members for a whopping 58 years.
However, compared to five years ago, the period during which men do more housework increased from 8 to 12 years, while for women, it decreased from 61 to 58 years.
The difference is even more pronounced when looking at the period when the burden of housework is heaviest.
For men, the burden of household labor peaked at age 38, with the value of their labor amounting to around 2.5 million won.
For women, it peaked at age 39 at 19.19 million won, nearly 20 million won.
This means that during the peak period of household labor burden, women do 7.7 times more housework than men.
[Anchor]
Various interpretations seem possible from these statistics, such as whether it is because women's career breaks are still a serious issue.
[Reporter]
In terms of growth rate alone, men's household labor has also increased quite rapidly over the past five years.
But the share of household labor done by women remains overwhelmingly larger.
In 2024, the total value of men's household labor production was 156.6 trillion won, an increase of over 35% compared to 2019.
On the other hand, the total value of women's production reached 425.8 trillion won, but it only increased by about 15% during the same period.
In terms of the growth rate alone, men's rate was more than double that of women.
In detail, men's household management increased by 44%, and family care increased by nearly 14%.
However, women still accounted for 73.1% of the total household labor produced.
Although this is lower than five years ago, women still handle nearly three-quarters of all household chores.
Household labor among the elderly has also increased significantly.
For those aged 65 and older, the value of household labor production increased by 55% in five years.
This is analyzed to be due to an increase in single-person households and elderly couple households, which has led to more housework such as preparing meals and cleaning.
In addition, so-called "elderly-to-elderly care," where elderly couples take care of each other, has increased, and "twilight childcare," where grandparents care for grandchildren, has also risen.
As the timing of marriage and childbirth has been delayed, the age at which household labor is heaviest has also shifted from 37 to 40.
The age group that provides the most childcare for grandchildren also shifted from 55 to 64 to 65 and older.
[Anchor]
Also, with the stock market being so popular these days, scammers are taking advantage of this as well?
[Reporter]
A series of scams have occurred where fraudsters encourage investment in unlisted stocks, claiming that their listing is imminent, or steal investment funds using public offering subscriptions as bait.
The Financial Supervisory Service (FSS) has issued a consumer warning.
The biggest problem is that they deceive investors by posing as institutional financial companies, such as investment advisory firms or asset management companies.
In fact, one company promoted that it had signed an exclusive contract with a global investment firm and was offering investment opportunities in famous overseas companies.
In particular, they attracted investors by claiming that the company was about to go public and that their investment could grow up to five times in three years.
However, the investigation revealed that the investment funds were used for completely different purposes.
Another company was found to have attracted and then stolen investment funds by promoting that they could subscribe to public offerings on behalf of institutional investors, allowing them to receive more shares than general investors.
The FSS explained that even for financial companies, raising investment funds without proper authorization for the relevant business is illegal.
In particular, they urged investors to be extremely cautious if they are asked to send money to a company account or an account under someone else's name rather than their own account.
They also emphasized the need to check the contract when signing a financial agreement through a mobile app and to verify whether the entity is authorized to conduct such business.