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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, [...]

S. Korea’s Population Likely to Start Shrinking in 2032

S. Korea’s Population Likely to Start Shrinking in 2032

SEJONG, Dec. 8 (Korea Bizwire) – South Korea’s population is expected to start contracting in 2032 amid widespread concerns that the country’s chronic low birthrate and aging citizens will undermine growth potential, a government report showed Wednesday.  According to the report by Statistics Korea, Asia’s fourth-largest economy will likely see its population peak at 52.96 [...]