SEJONG, Aug. 26 (Korea Bizwire) — South Korea’s total fertility rate hit a record low of 0.92 in 2019, government data showed Wednesday, in a clear warning to the nation’s economy over a population decline going forward. The total fertility rate refers to the average number of children a woman bears in her lifetime. The [...]
SEJONG, Feb. 26 (Korea Bizwire) — South Korea’s total fertility rate hit an all-time low in 2019, government data showed Wednesday, a clear sign of its population decline down the road. The country’s total fertility rate, which refers to the average number of children a woman bears in her lifetime, came to 0.92 last year, [...]
SEOUL, Jan. 28 (Korea Bizwire) — In major advanced countries, the more women engage in economic activities, the more children they have. According to a report from the Korea Association of Public Finance, based on 1990-2016 Organization for Economic Cooperation and Development (OECD) country panel data, the number of childbirths increased significantly as women’s participation [...]
SEOUL, Dec. 27 (Korea Bizwire) — In order to overcome the low birthrate, which has become a serious problem, government ministries and agencies have come up with a series of measures. A pilot project will be launched in some parts of the country to provide a government subsidy when expectant mothers purchase eco-friendly agricultural products. [...]
SEJONG, Feb. 27 (Korea Bizwire) — South Korea’s total fertility rate hit a record low of 0.98 in 2018, government data showed Wednesday, a clear warning that Asia’s fourth-largest economy may face a population decline going forward. The total fertility rate refers to the average number of children a woman bears in her lifetime. The [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s fertility rate probably fell below the critical level of 1 to an all-time low in 2018, an official said Friday. The country’s total fertility rate is estimated at 0.96 to 0.97 for last year, said the official at the Presidential Committee on Aging Society and Population Policy. [...]
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 [...]
SEOUL, Jul. 5 (Korea Bizwire) — South Korea’s total fertility rate is likely to hit a record low this year, a presidential committee warned Thursday, prompting the government to take a series of steps to boost the country’s chronically low birthrate. The total fertility rate — the average number of children a woman bears in [...]
SEOUL, Mar. 1 (Korea Bizwire) — Birthrates are declining faster than projected by authorities in South Korea, with the population set to begin decreasing from 2028, new government data has revealed. An unprecedentedly low number of babies were born last year, while the highest number of people died since 1983, according to shocking data released by [...]
SEOUL, Feb. 2 (Korea Bizwire) – The best way to increase the fertility rate is to offer maternity leave, a new report has found. Female workers who are eligible for maternity leave are 3 percentage points more likely to give birth, the report on work-life balance released by the Korea Development Institute on Thursday said. [...]