The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    N. Korea holds politburo meeting to discuss Kim-Putin summit: KCNA

  • 3

    30 people purchased 8,000 homes: data

  • 5

    BTS member Suga begins mandatory military service

  • 7

    Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors

  • 9

    National Assembly passes motion to arrest DPK chief

  • 11

    Gender equality minister nominee in hot seat over remarks on abortion

  • 13

    US striving to stop NK's potential weapons support to Russia 'wherever we can': Blinken

  • 15

    Top court upholds life sentence for woman over drowning husband for insurance money

  • 17

    COVID-19 deaths hit record high in Korea for 2022

  • 19

    KG Mobility seeks breakthrough in Europe

  • 2

    Scientists find green way to turn CO2 into fuel with sunlight

  • 4

    BTS defies K-pop's 'seven-year curse'

  • 6

    BLACKPINK's contract renewal still in limbo

  • 8

    Rights experts from 17 countries demand release of North Korean escapees in China

  • 10

    Seoul invites ambassadors to introduce new halal foods in Korea

  • 12

    Yoon says arms deal between N. Korea, Russia would be 'direct provocation' against S. Korea

  • 14

    S. Korea condemns Russia, seeks to mend ties with China

  • 16

    Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany

  • 18

    Aespa's VR concert to hit theaters Oct. 25

  • 20

    From friend to foe: NK athletes of 2018 joint Korean teams return as rivals to S. Korea

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
Sat, September 23, 2023 | 18:51
Columns
Korea's plunging birthrate hits home
Posted : 2023-02-22 16:50
Updated : 2023-02-22 16:50
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link

By Lee Hyo-sik

It's no longer surprising to hear that Korea's birthrate has plunged to the world's lowest and continues falling as more and more young people choose not to have babies. Over the past two decades or so, the government has spent nearly 400 trillion won ($308 billion) to encourage Koreans to get married and have children, but to no avail.

According to Statistics Korea, the country's birthrate was 0.78 in 2022, down sharply from 1.17 in 2016. The figure, meaning that far less than one baby is born on average per woman, was the lowest since 1970 when the agency began collecting the data. It is said that the birthrate should be at least 2.1 to maintain the current population.

This bleak demographic reality hit home when I heard about what will happen at the daycare center that my daughter attends. Due to a sharp drop in enrollment of children aged 1 to 4, three out of six teachers will be let go on March 2, including the one who has been caring for my daughter for the past six months. It is heartbreaking to see her go since she has been such a wonderful teacher. Given the series of closures of daycare centers in recent years, it will be difficult for her to find work in the same profession.

According to the Ministry of Health and Welfare, the number of daycare centers nationwide decreased 21.1 percent to 30,923 in 2022 from 39,171 in 2018 in line with the falling number of newborns. Korea had a total of 249,000 newborns last year, down 4.4 percent from 260,600 in 2021.

It is hard to imagine that a daycare center inside an apartment complex, located at the heart of southern Seoul, would face the same fate as its counterparts in rural areas, which have long been struggling to stay afloat as more and more people move to Seoul and its surrounding areas for jobs and better living conditions. After all, Seoul is no safe zone from the aftereffects of the ongoing trend of population decline.

There is no doubt that it is in everyone's interest to boost the nation's birthrate but it is easier said than done. Some say Korea needs to extend more financial aid to parents with young children and increase the period of parental leave, while others are even floating the idea that the government provides apartments for free to families with three children or more. But we already know these policy suggestions will not work.

No matter how much cash the government throws at young people, it will not encourage them to get married and have babies once they decide not to do so. Now may be the time for all of us to accept that the falling birthrate and Korea's population aging are inevitable and that it is better to spend taxpayers' money on policies that actually work and improve people's livelihoods. Let's stop telling millennials and Gen Z what to do. It's their lives. Let nature find its own way.

Nevertheless, it is such a relief to know that the daycare center that my daughter attends will stay open for this year. But who knows what will happen next year.


The writer is business editor at The Korea Times.


Emailleehs@koreatimes.co.kr Article ListMore articles by this reporter
 
miguel
Top 10 Stories
1Scientists find green way to turn CO2 into fuel with sunlight Scientists find green way to turn CO2 into fuel with sunlight
2Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors
3Opposition party in turmoil as leader could be arrested on Tuesday Opposition party in turmoil as leader could be arrested on Tuesday
4Korea boosts subsidies to rev up falling EV sales Korea boosts subsidies to rev up falling EV sales
5Russia lodges protest to S.Korean envoy over Yoon's UN speech Russia lodges protest to S.Korean envoy over Yoon's UN speech
6Foreign employees rewarded for contribution to Korea's shipbuilding industry Foreign employees rewarded for contribution to Korea's shipbuilding industry
7Lawmakers want to grill business tycoons over decision to rejoin FKI Lawmakers want to grill business tycoons over decision to rejoin FKI
8Gov't reviews changing description of Fukushima wastewater Gov't reviews changing description of Fukushima wastewater
9'Songpyeon' for low-income families 'Songpyeon' for low-income families
10Saudi Arabia celebrates 93rd National DaySaudi Arabia celebrates 93rd National Day
Top 5 Entertainment News
1BLACKPINK's contract renewal still in limbo BLACKPINK's contract renewal still in limbo
2[INTERVIEW] Virtual K-pop group MAVE: is more than just pretty pixels INTERVIEWVirtual K-pop group MAVE: is more than just pretty pixels
3Hebrew University students travel to Korea to explore musical landscape Hebrew University students travel to Korea to explore musical landscape
4[INTERVIEW] Seoul's increased art market momentum brings Sotheby's back to Korea INTERVIEWSeoul's increased art market momentum brings Sotheby's back to Korea
5[INTERVIEW] 'Cobweb' director questions meaning of cinema INTERVIEW'Cobweb' director questions meaning of cinema
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group