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 [...]
PAJU, Mar. 27 (Korea Bizwire) – In a bid to alleviate the financial burden on families and encourage more childbirths, the city of Paju is drastically raising government payouts for newborns, becoming one of the most generous municipalities in South Korea for birth incentives. Paju, a satellite city of Seoul in Gyeonggi Province, announced on March [...]
CHEONGJU, Mar. 1 (Korea Bizwire) – In a remarkable departure from national trends, North Chungcheong Province emerged as the sole region among South Korea’s 17 provinces and cities to record an increase in both the number of newborns and the total fertility rate in 2022. According to data from Statistics Korea, North Chungcheong Province witnessed [...]
SEOUL, Dec. 11 (Korea Bizwire) – The number of newly married couples fell more than 6 percent to come to around 1 million in 2022, and the proportion of the couples having no children reached an all-time high, data showed Monday. The number of newly married couples came to 1.03 million last year, down from [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea is set to report negative economic growth in 2050 if the country fails to reverse its accelerating birth-rate decline, the central bank said Sunday. The country’s total fertility rate — the number of children, on average, that a woman aged 15-49 has during her lifetime — plunged [...]
SEOUL, Nov. 29 (Korea Bizwire) – South Korea’s total fertility rate fell to a record quarterly low of 0.7 in the third quarter of 2023, in yet another grim milestone for the country struggling with rapid aging and a falling birthrate. The average number of expected babies a woman bears in her lifetime came to [...]
SEJONG, Aug. 24 (Korea Bizwire) — South Korea’s total fertility rate hit a record low last year as the number of childbirths continued to fall, data showed Wednesday, underscoring the country’s gloomy demographic situation. The country’s total fertility rate — the average number of children a woman bears in her lifetime — came to 0.81 [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s total fertility rate, or the number of children each woman is expected to give birth to during her lifetime, was the lowest in the world for the last three years. The Korea Population and Health Welfare Association and the United Nations Population Fund (UNFPA) jointly published a [...]
SEOUL, May 25 (Korea Bizwire) — South Korea’s first-quarter fertility rate hit a fresh nadir and its population fell for 29 months running in March amid rising deaths, data showed Wednesday, pointing to the country’s gloomy demographic situation and chronically low birthrate. The country’s total fertility rate — the average number of children a woman [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korea’s total fertility rate hit a record low last year as the number of childbirths continued to fall, data showed Wednesday, underlining the country’s bleak demographic situation. The country’s total fertility rate — the average number of children a woman bears in her lifetime — came to 0.81 [...]