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South Korea's Fertility Rate Hits New Record Low

The nation grapples with a deepening demographic crisis as economic pressures and societal expectations deter women from having children.

  • South Korea's fertility rate has plummeted to a record low of 0.72, signaling a persistent decline in birth rates.
  • Economic growth, societal pressures, and the high cost of raising children are major factors contributing to the decline in fertility rates across East Asia.
  • Government efforts to reverse the trend, including financial incentives and support for child-rearing, have largely been unsuccessful.
  • The trend reflects broader changes in attitudes towards marriage, childbearing, and gender roles, with many women prioritizing careers over family.
  • Experts suggest that addressing gender equality and providing better support for women could help mitigate the fertility crisis.
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