Korea set to post 1st increase in birth rate in nearly decade: data

Korea Set To Post 1st Increase In Birth Rate In Nearly Decade: Data

Children from local kindergartens pay New Year's greetings to the elderly at a senior center in Gwangjin District, Seoul, Jan. 23. Yonhap

Youngsters from native kindergartens pay New Yr’s greetings to the aged at a senior heart in Gwangjin District, Seoul, Jan. 23. Yonhap

Korea’s start price is projected to have elevated in 2024 for the primary time in 9 years however present important regional variations, the statistics company stated Monday.

The variety of newborns between January and November reached 220,094, up 3 p.c from a 12 months earlier, in response to information compiled by Statistics Korea. This follows a 7.7 p.c on-year drop in 2023, which prolonged the decline for an eighth consecutive 12 months.

The info revealed that the variety of births in Seoul and different metropolitan areas has surpassed the earlier 12 months’s figures, whereas different areas have seen comparatively weaker progress.

The variety of births in Seoul maintained an upward development all through final 12 months, aside from slight dips in January and March. Notably, the town recorded double-digit progress in births for 3 consecutive months beginning in September.

Equally, Gyeonggi Province, which surrounds the capital, additionally skilled double-digit progress in start charges in the course of the three months from September to November.

In distinction, the expansion charges for North Chungcheong Province and the southern island of Jeju have been comparatively modest, recording on-year will increase of three.1 p.c and 6 p.c in November, respectively.

The company attributed the regional variations to the truth that newlyweds and folks of their 20s and 30s are inclined to reside predominantly in metropolitan areas.

Korea has lengthy struggled with a declining start price as many younger folks choose to delay or forgo marriage and parenthood. In response, the federal government has launched varied insurance policies to encourage marriage and help child-rearing, together with advantages for newlyweds and expanded little one care help. (Yonhap)

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