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South Korea’s Birth Rate Efforts Face Criticism Over Misdirected Spending

South Korea’s Birth Rate Efforts Face Criticism Over Misdirected Spending

SEOUL, Jun. 12 (Korea Bizwire) – Despite spending 47 trillion won last year to tackle the country’s chronically low birth rate, about half of that budget was allocated to programs unrelated to the core issue, experts warned, calling for a restructuring of government spending to better address the demographic crisis.  At a seminar on June 11 [...]

Study Reveals Birth Rate Among Contract Workers Significantly Lower Than Full-Time Employees

Study Reveals Birth Rate Among Contract Workers Significantly Lower Than Full-Time Employees

SEOUL, Mar. 16 (Korea Bizwire) – In a revealing study on South Korea’s labor market dynamics and their impact on family planning, researchers have pointed to a stark disparity in birth rates between contract (irregular workers not covered by major insurance) and full-time corporate employees. The findings suggest that the fertility rate among women in [...]

South Korea Grapples with Alarming Decline in Birth Rates Amid National Crisis Fears

South Korea Grapples with Alarming Decline in Birth Rates Amid National Crisis Fears

SEOUL, Jan. 26 (Korea Bizwire) — In a stark illustration of South Korea’s deepening low birth rate crisis, a growing number of schools are closing their doors. The birth rate has plummeted to an alarming 0.7, sparking fears of a national existential crisis.  The situation has become so severe that even the sight of empty cribs [...]

Incheon Welcomes First Beneficiary of “100 Million+i Dream” Policy

Incheon Welcomes First Beneficiary of “100 Million+i Dream” Policy

INCHEON, Jan. 3 (Korea Bizwire) – On the first day of 2024, a joyous event took place at the Gachon University Gil Hospital: the birth of a healthy baby girl weighing 3.4 kg. The newborn, affectionately nicknamed ‘Horam’, combines the characters ‘Ho’ from her father Choi Ho-kyu (40) and ‘Ram’ from her mother Kim Bo-ram (36). [...]

South Korea’s Declining Birth Rate Presents Challenges to Military Conscription

South Korea’s Declining Birth Rate Presents Challenges to Military Conscription

SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s shrinking pool of conscripts is causing concerns amid the growing threat from North Korea, prompting the military to mull options to effectively maintain combat readiness with limited resources. In South Korea, all able-bodied men must serve mandatory military service for at least 18 months, while women can [...]

Audit Reveals 2,154 Undocumented Infants, with 6 Cases Involving Deaths or Unaccounted Status

Audit Reveals 2,154 Undocumented Infants, with 6 Cases Involving Deaths or Unaccounted Status

SEOUL, Oct. 19 (Korea Bizwire) – A total of 2,154 infants born in the country between 2015 and 2022 were not documented after birth, the state audit agency said Thursday. The Board of Audit and Inspection (BAI) disclosed the findings during its routine audit of the health ministry, in the wake of a series of [...]

Income Inequality Among Men May be a Key Factor in S. Korea’s Low Birth Rate: Study

Income Inequality Among Men May be a Key Factor in S. Korea’s Low Birth Rate: Study

SEOUL, May 15 (Korea Bizwire) — South Korea is grappling with a serious social challenge posed by its alarmingly low birth rate, one of the lowest in the world. An analysis conducted by the Korea Labor Institute has revealed that income inequality among men may be a crucial factor contributing to declining marriage rates, which, [...]