birthrate Archives | Be Korea-savvy
S. Korea to Raise Monetary Benefits for Paid Paternity Leave

S. Korea to Raise Monetary Benefits for Paid Paternity Leave

SEJONG, Dec. 26 (Korea Bizwire) — South Korea said Wednesday that it will raise the monthly benefits for paid parental leave from Jan. 1 onward as part of its efforts to boost the country’s chronic low birthrate. The maximum amount of monthly payment for those who take paternity leave will be set at 2.5 million [...]

Gov’t to Lower Child-rearing Expenses to Tackle Low Birthrate

Gov’t to Lower Child-rearing Expenses to Tackle Low Birthrate

SEOUL, Dec. 7. (Korea Bizwire) — South Korea on Friday announced a set of measures to remove the fundamental causes cited for drop in country’s birthrate, including the high cost of child-rearing and increasing number of people opting not to have children. The roadmap was finalized as Kim Sang-hee, vice-chairwoman of a presidential committee aimed [...]

S. Korea’s Number of Childbirths Continues to Decline in June

S. Korea’s Number of Childbirths Continues to Decline in June

SEJONG, Aug. 22 (Korea Bizwire) — The number of newborns in South Korea fell again in June, government data showed Wednesday, in the latest sign of the chronically-low birthrate that has plagued Asia’s fourth-largest economy for more than a decade. About 26,400 babies were born in June, down 8.7 percent from 28,900 tallied a year [...]

S. Korea’s Fertility Rate Drops to Record Low in 2017

S. Korea’s Fertility Rate Drops to Record Low in 2017

SEJONG, Aug. 22 (Korea Bizwire) — The number of newborns in South Korea fell again in June, government data showed Wednesday, in the latest sign of the chronically-low birthrate that has plagued Asia’s fourth-largest economy for more than a decade. About 26,400 babies were born in June, down 8.7 percent from 28,900 tallied a year [...]

Policy Advisory Panel to Put Highest Priority on Tackling Low Birthrate

Policy Advisory Panel to Put Highest Priority on Tackling Low Birthrate

SEOUL, Jun. 9 (Korea Bizwire) — The head of South Korea’s presidential policy advisory panel said Thursday that he will put the highest priority on tackling the country’s chronic low birthrate in order to bolster growth potential. “Solving the sluggish birthrate is the pressing task that will decide the future of South Korea,” Kim Jin-pyo, [...]