SEOUL, Jan. 8 (Korea Bizwire) — A declining population is leading local authorities to come up with new policies as the plunging birth rate threatens to undermine the competitiveness of a number of cities, and could even lead to their dissolution. The southeastern city of Changwon is stepping up to offer special loans to stimulate the [...]
SEOUL, Dec. 23 (Korea Bizwire) — The number of babies born in South Korea declined by the fastest on-year pace in 19 years in October, data showed Wednesday, underscoring the country’s chronic low birth rate. The data compiled by Statistics Korea showed that 21,934 babies were born in October, down 14.4 percent from a year [...]
SEOUL, July 1 (Korea Bizwire) — Amid growing concerns about low fertility rate and population aging, South Korea has the world’s lowest birth rate, according to a report released by the Korea Population, Health & Welfare Association and the United Nations Fund for Population Activities (UNFPA) on Tuesday. The ratio of South Koreans under the [...]
SEOUL, March 31 (Korea Bizwire) — The birthrate in South Korea, plunging at an unprecedented speed, is largely influenced by the popularity of remaining single and a growing number of married couples choosing not to have children. Last year, the country’s total fertility rate, the average number of births for each female, was 0.92, the [...]
SEOUL, Jan. 23 (Korea Bizwire) — According to a report released by Statistics Korea on Tuesday, government support for public education reached 53 trillion won (US$47.2 billion) in 2015, up 2.8 percent from the previous year. The support for public education was targeted to young children aged 6 to 17. However, the support for public [...]
SEOUL, Dec. 6 (Korea Bizwire) — The birth rate for South Koreans married to foreigners is dropping. Statistics Korea announced on Wednesday that the number of newborn babies from multicultural families last year amounted to 18,440, which was 5.1 percent fewer than the previous year. After reaching a record high of 22,908 births in 2012, [...]
SEJONG, Oct. 1 (Korea Bizwire) — South Korea has the lowest rate of out-of-wedlock births among advanced countries, primarily because of ingrained conservative social values, a report said Monday. The report published in the latest quarterly by the Statistical Research Institute put the country’s unmarried childbearing rate at 1.9 percent in 2014, the lowest among [...]
SEOUL, May 25 (Korea Bizwire) — A new report says that South Koreans who are undereducated have a lower chance of getting married and having children, while facing higher divorce mortality risks. South Korea’s education gap is posing a threat to social security, particularly among undereducated individuals, according to a report published Tuesday by Statistics Korea [...]
SEJONG, May 24 (Korea Bizwire) – The number of childbirths in South Korea sank for the 16th consecutive month in March as the country is struggling with a continuing trend of late marriage and a rapidly aging population, a government report showed Wednesday. About 33,200 babies were born in March, down 13.1 percent, or 5,000, [...]
SEOUL, May 8 (Korea Bizwire) – May 5 was South Korea’s first Children’s Day celebrated by a greater number of seniors than children, once again highlighting the country’s rapidly shifting demographics towards an aging society. Using the OECD’s standard of working age population (from 15 to 64) to separate “children” from “elderly,” there were 6,873,722 [...]