South Korea's Demographic Crisis: A Struggle for Love, Marriage, and Children

• South Korea faces a demographic crisis with the world's lowest fertility rate, threatening its future.
• The government is trying various initiatives, including mass matchmaking events, to encourage marriage and childbirth.
• Economic conditions, work-life balance, and housing costs are key factors influencing decisions about marriage and childbirth.
• South Korea has one of the highest gender wage gaps in the world, forcing many women to choose between career and family.
• Experts suggest solutions like helping women balance work and family life, creating a sense of stability and security for the youth, and reevaluating core familial values.

Source: Bloomberg