South Korean marriages drop 40% in a decade (Nextshark/5 March 2024)

Nextshark reports that marriages in South Korea have dropped by 40% over the past decade. This decline, driven by financial constraints and changing attitudes towards marriage, has contributed to a record-low fertility rate of 0.72, significantly below the replacement level. The trend raises concerns about the sustainability of South Korea's social welfare systems and economic growth. The government, recognizing the severity of the issue, is urged to address these underlying challenges to reverse the trend.