South Korea records lowest birth rate in 40 years during the second quarter of this year while the number of deaths rose to an all-time high
In 2020, the government announced more incentives for families to encourage more births amid falling figures.
South Korea recorded the lowest childbirths in 40 years during the second quarter of this year while deaths rose to an all-time high, local media has reported. During the April-June period, 59,961 babies were born across the country, showing a 9.3 percent decline from the previous year, Yonhap News Agency reported on Wednesday, citing Statistics Korea’s latest data.The East Asian country is facing a decline in childbirth because many young people are distancing themselves from marriage, and having children due to the lack of decent job opportunities, high home prices, and heavy private education fees.
Despite the government’s efforts, the country's total fertility rate, which refers to the average number of children a woman bears in her lifetime, came to 0.75 in the second quarter, down from 0.92 a year earlier, the agency reported.
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