SEJONG, Jan. 4 (Korea Bizwire) –A recent study has revealed that housing prices are the most significant factor affecting the decision to have a first child, while the cost of private education becomes more influential for subsequent children. The study on future birth rates in South Korea showed that the factors most affecting the decision [...]
SEOUL, Aug. 10 (Korea Bizwire) — The birth rates of twins in South Korea has risen over the last 40 years. Prof. Heo Yoon-mi from Kookmin University conducted an analysis of birth rates of twins or triplets between 1981 and 2019, which showed that the birth rate went from five twins per 1,000 people in [...]
SEOUL, Aug. 14 (Korea Bizwire) — A new survey has found that due to the nation’s low birth rates since the early 1980s, the country’s overall population will continue to decline even if birth rates in the future increase. According to a new report released by the Korea Institute for Health and Social Affairs, South [...]