South Korea has the lowest fertility rate in the world, but in 2020 it will set a record with a fertility rate of 0.84. The low fertility rate combined with an aging society has led to negative population growth for the first Time last year, and the government analyzes that if it continues to deteriorate, South Korea’s senior population will be higher than the labor force in 2065, and if there is no improvement, the country may even be “extinguished” as a result. The government analyzed that if the situation continues to deteriorate, the senior population of Korea will be higher than the labor force population in 2065, and if there is no improvement, the country may even be “destroyed”.
The government has also announced that the population of Korea will be higher than the labor force in 2065. (schematic diagram / file photo)
The company’s main goal is to provide a better solution to the problem.
The company’s main goal is to provide the best possible service to its customers. According to statistics, South Korea’s fertility rate fell to 0.84 in 2020, a 10% plunge from 2019, which is equal to an average Korean woman having less than one child in her lifetime.
Korean journalist: “Last year, for the first time, the number of our population showed a natural decrease, with a total of 272,000 newborns, which is 33,000 less than the 305,000 people who died.”
South Korea’s population showed negative growth in 2020, the first time there was a death crossover, it is the Organization for Economic Cooperation and Development (OECD) 37 member countries ranked at the bottom of the fertility rate, experts pointed out that the Epidemic led to economic recession is also one of the reasons.
Korean woman: “My husband and I both have jobs, in case I get pregnant and give birth to a child, but also to take care of the child, only my husband will be left to earn money, so that the first economic impact.”
With no money to get married and no money to have children, as the fertility rate hits a new low, according to statistics, half of Korea’s universities will disappear within 20 years, and by 2065 the population of people over 65 will be higher than the labor force, with a serious imbalance in the dependency ratio, and the national pension will bottom out in 2055. The National Assembly of Korea analyzed that if the situation does not improve, the country may die in 2750 as a result, but what exactly is the problem?
Korean woman: “I think buying a house is the biggest problem.”
Korean woman: “I am currently supporting 2 children and have never used parental leave, and my husband’s company doesn’t even have parental leave.”
Men are deprived of maternity and parental leave, and women have to look over their shoulders to take leave. With high housing prices and unemployment rates leaving young people breathless, I fear that if social welfare measures are not accelerated, hell will become a reality in North Korea.
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