SEOUL, Apr. 24 (Korea Bizwire) — The number of babies born in South Korea fell below the 20,000 level for the first time for any February this year, data showed Wednesday, amid deepening woes about the country’s demographics amid rapid aging and the ultra-low birthrate. A total of 19,362 babies were born in February 2024, [...]
SEOUL, Apr. 1 (Korea Bizwire) – A survey of South Korean office workers has revealed that an automatic parental leave system paired with income protection during leave is viewed as the most critical labor policy needed to address the nation’s chronically low birth rates. According to the civic group Gabjil 119, which polled 1,000 office employees, [...]
SEOUL, Mar. 27 (Korea Bizwire) — The number of babies born in South Korea fell to a record low for any January this year, data showed Wednesday, deepening woes about the country’s demographic picture due to rapid aging and ultra-low birth rate. A total of 21,442 babies were born in January 2024, down 7.7 percent [...]
SEJONG, Mar. 4 (Korea Bizwire) – For working mom Park Soo-jin, 40, from Seoul, each day with her two-year-old is filled with joy. She occasionally entertains the thought of having a sibling for her child but has no immediate plans for a second child, largely due to the daunting prospect of a career gap from maternity leave [...]
YEONGAM, Feb. 28 (Korea Bizwire) – Yeongam County in South Jeolla Province is rolling out a comprehensive plan to support children from infancy through to university, offering up to 262 million won per child in phased support. The initiative aims to make Yeongam an ideal place to raise children, with the plan emerging from a review [...]
SEOUL, Feb. 23 (Korea Bizwire) – SBW Group has declared its commitment to addressing South Korea’s declining birth rates by offering substantial childbirth incentives to its employees. During a campaign launch ceremony held at its headquarters in Yongsan-gu, Seoul, the conglomerate announced that from January 1 of this year, employees with over five years of service [...]
SEOUL, Feb. 21 (Korea Bizwire) – An increase in expectant mothers receiving notifications about the unavailability of epidural anesthesia and delays in scheduled deliveries has been reported in South Korea, following a mass submission of resignation letters by residents at major hospitals. Starting from February 19, Yonsei Severance Hospital announced to expectant mothers that epidural anesthesia [...]
SEOUL, Feb. 14 (Korea Bizwire) – Starting this year, every mother who gives birth in Seoul will be eligible to receive a financial assistance of 1 million won. Announced on February 13, the city government has eliminated the requirement of residing in Seoul for at least six months, making the support available to all mothers who [...]
SEOUL, Feb. 6 (Korea Bizwire) – Booyoung Group is launching a groundbreaking initiative to encourage childbirth among its employees by offering 100 million won to those who have children. Additionally, the company has proposed providing permanent rental housing of average size to employees who have three or more children. Chairman Lee Joong-keun announced at the 2024 [...]
SEOUL, Jan. 26 (Korea Bizwire) — In a stark illustration of South Korea’s deepening low birth rate crisis, a growing number of schools are closing their doors. The birth rate has plummeted to an alarming 0.7, sparking fears of a national existential crisis. The situation has become so severe that even the sight of empty cribs [...]