South Korea's Lowest Birth Rate Sparks Movement Towards Foreign Nannies and Affordable Childcare
Friday, 30 August 2024, 07:32
South Korea's Low Birth Rate Challenge
South Korea is facing the lowest birth rate in the world, significantly impacting its demographic structure. This alarming trend has prompted the government to seek foreign nannies as a solution to offer better affordable childcare options.
Government Initiative on Foreign Nannies
To address the fertility crisis, the Korean government plans to bring in approximately 1,200 foreign nannies by the first half of 2025. This program aims to assist working parents and counterbalance the declining fertility rate.
- Support for Families: The initiative intends to provide necessary help for working families.
- Stimulation of Birth Rates: Hiring foreign nannies may encourage couples to consider expanding their families.
- Economic Impact: This program might also bring some relief to the labor market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.