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Rising Expenses on Private Education Despite Low Birth Rate and Declining Government Support

Rising Expenses on Private Education Despite Low Birth Rate and Declining Government Support

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 [...]

Report Says Out-of-Wedlock Birth Rate Lowest in S. Korea among OECD States

Report Says Out-of-Wedlock Birth Rate Lowest in S. Korea among OECD States

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 [...]

Undereducated Less Likely to Marry and Have Children in South Korea

Undereducated Less Likely to Marry and Have Children in South Korea

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 [...]

Children’s Day Overshadowed by South Korea’s Aging Population

Children’s Day Overshadowed by South Korea’s Aging Population

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 [...]

S. Korea’s Childbirths Continue to Decline in February

S. Korea’s Childbirths Continue to Decline in February

SEJONG, April 27 (Korea Bizwire) – The number of childbirths in South Korea fell for the 15th month in a row in February amid a deepening trend of late marriage and a rapidly aging population, a government report showed Wednesday. About 30,600 babies were born in February, down 12.3 percent, or 4,300, from 34,900 tallied a year earlier, according to the data from Statistics Korea. Childbirths have [...]