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‘Improved Living Environment’ Key to Population Growth in Previously Declining Regions

‘Improved Living Environment’ Key to Population Growth in Previously Declining Regions

SEOUL, Jan. 12 (Korea Bizwire) – Out of 89 regions in South Korea designated as declining in population, nine have successfully reversed this trend, largely due to a common factor: improvements in the residential environment.  According to the ’2023 Year-End Resident Registration Population Statistics’ released by the Ministry of the Interior and Safety on January 10, [...]

Nearly Half of Busan’s Population Over 50, as City Faces Aging Challenges

Nearly Half of Busan’s Population Over 50, as City Faces Aging Challenges

BUSAN, Jan. 11 (Korea Bizwire) – In Busan, South Korea, individuals over the age of 50 are approaching half of the city’s total population. According to statistics released by Busan Metropolitan City on January 10, as of 2022, this age group comprised 1.53 million people, or 46.5% of the city’s population.  The breakdown of this demographic [...]

South Korea Faces Demographic Crisis: Population Set to Plummet, Aging Dilemma Looms

South Korea Faces Demographic Crisis: Population Set to Plummet, Aging Dilemma Looms

SEJONG, Dec. 15 (Korea Bizwire) – Statistics Korea released a forecast on Thursday depicting a rather grim outlook for South Korea in 50 years. The anticipated population is set to dwindle to 36 million, with half of the populace aged 63 or older. Consequently, there is a growing concern about the growing burden of supporting the [...]

Workcation: A Promising Response to Rural Population Decline

Workcation: A Promising Response to Rural Population Decline

GOKSEONG, Oct. 2 (Korea Bizwire) – As the concept of “workcation” gains popularity among MZers (Millennials and Generation Z) seeking a better work-life balance, major tourist destinations like Jeju are actively vying to establish themselves as premier “workcation spots.” Jeju, known for its robust tourism industry, has emerged as a prominent workcation destination. The Jeju Provincial [...]

S. Korea Extends Natural Population Fall as Fertility Rate Falls to 0.7

S. Korea Extends Natural Population Fall as Fertility Rate Falls to 0.7

SEOUL, Aug. 30 (Korea Bizwire) — South Korea extended a natural decrease in population in June as the fertility rate hit yet another record low, data showed Wednesday, reflecting the grim demographic trend. Only 18,615 babies were born in June, down 1.6 percent from a year earlier, according to the monthly report from Statistics Korea. [...]

S. Korea’s Infant and Toddler Population Smaller than East Asian Peers

S. Korea’s Infant and Toddler Population Smaller than East Asian Peers

SEOUL, Aug. 28 (Korea Bizwire) — South Korea has a smaller infant and toddler population compared to other East Asian countries, a research institute said Sunday. According to a report from the Korea Insurance Research Institute, Asia’s fourth-largest economy had 1.65 million children aged 0 to 4 as of 2021. If we use Japan’s population as [...]

S. Korea Extends Natural Dip in Population amid Low Births in May

S. Korea Extends Natural Dip in Population amid Low Births in May

SEOUL, July 26 (Korea Bizwire) – South Korea continued to report a natural decrease in population in May amid critically low births, data showed Wednesday, reflecting the alarming demographic challenge of Asia’s No. 4 economy. Only 18,988 babies were born in May, decreasing 5.3 percent from a year earlier, according to the monthly report from [...]