SEOUL, Oct. 25 (Korea Bizwire) – The number of babies born in South Korea fell by the most in more than 2 1/2 years in August, data showed Wednesday. A total of 18,984 babies were born in August, down 2,798, or 12.8 percent, from a year earlier, according to the data from Statistics Korea. It [...]
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 [...]
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, [...]
INCHEON, May 2 (Korea Bizwire) — Accepting more immigrants will induce more women to participate in the labor market and help South Korea address its low birth rate as well, an economics professor at the University of Chicago said Tuesday. Michael Kremer was visiting South Korea to take part in the 56th Annual Meeting of [...]
SEOUL, March 7 (Korea Bizwire) – Korea faces a slowdown in job growth due to changes in its demographic structure, which will reduce the country’s potential growth rate in the coming years. According to Park Yang-soo, head of the Bank of Korea’s Economic Research Institute, the average annual increase in the number of employed people [...]
SEOUL, Nov. 24 (Korea Bizwire) — The number of babies born in South Korea fell to a record low in September, data showed Wednesday, underscoring the country’s bleak demographic situation with the chronically low birth rate. A total of 21,920 babies were born in September, down 6.7 percent from the previous year, according to the [...]
SEOUL, Sept. 29 (Korea Bizwire) — The number of babies born in South Korea dropped to a record low in July, data showed Wednesday, in the latest sign that underscores the country’s gloomy demographic situation with the chronically low birth rate. A total of 22,352 babies were born in July, down 2.8 percent from the [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korea reported the first natural decline in population last year as the number of deaths outpaced that of newborns amid the country’s rapid aging and chronic low birth rate, data showed Wednesday. The number of newborns came to a record low of 272,400 last year, down 10 percent, [...]
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 [...]