South Korean Company Offers $75,000 Baby Bonus Amid Population Crisis

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 52%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The elderly are projected to outnumber young adults in the nation of 51 million by the end of the decade.

A South Korean company is offering its employees a cool $75,000 each time they have a baby.'If Korea's birth rate remains low, the country will face extinction,' Lee Joong-keun, chairman of construction giant Booyoung Group, told workers early last month, according to reports.The country's fertility rate, already the lowest in the world, fell even further last year, with the average number of expected babies per South Korean woman now down to 0.72 from 0.

'The issue of low birthrates requires us to take the situation more seriously and contemplate on the causes and solutions from a different dimension than before,' President Yoon said in December, per South Korea's Yonhap News Agency.'Time is running short. I hope that every government agency approaches the issue of low birthrates with extraordinary determination,' he said.The South Korean embassy in the U.S. did not immediately respond to a written request for comment.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 468. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

How some very spicy noodles saved the company that pioneered Korean ramenRamen is often said to be South Korea’s soul food. Extra spice and a YouTuber rescued a storied brand from scandal.
Källa: latimesfood - 🏆 699. / 51 Läs mer »

Shark Tank host offers to buy TikTok to make it ‘an American company’Kevin O'Leary said he would guarantee the safety of users, parents, and businesses on TikTok, should he choose to buy the social media app.
Källa: dcexaminer - 🏆 6. / 94 Läs mer »