Seoul (VOA) — In Seoul's trendy Seongsu District, there are hardly any baby strollers. Children themselves are becoming a rarity across South Korea,...
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As South Korea struggles to reverse a steep decline in its birth rate, policymakers are struggling to convince young people in their 20s and 30s that having children is more profitable than buying trendy clothes or eating at fancy restaurants. Asia's fourth-largest economy will create a new ministry dedicated to demographics, after the government's policy of providing incentives to boost the birth rate failed. However, for Park Yeon, a 28-year-old fashion influencer who is also pursuing a career as a singer, she prioritizes shopping for clothes and traveling, so her budget for getting married and having children is very limited. “The YOLO principle (you only live once or live only once) is everything to me,” Park said as he sold his Supreme T-shirts at a second-hand clothing festival in Seoul's upscale fashion enclave of Seongsu-dong. People shop at a flea market organized by Bunjang, an e-commerce platform for selling second-hand goods, in Seoul, South Korea, August 3, 2024. (Photo: REUTERS/Jihoon Lee) “After I spend my money on things that make me happy, there is nothing left to save each month. Marriage may happen later, but happiness now is more important, right?” he said. South Korea continues to hold the record …
Seoul (VOA) — In Seoul's trendy Seongsu District, there are hardly any baby strollers. Children themselves are becoming a rarity across South Korea,...
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