Record Low Birth Rates
Women in Japan and Korea face especially tough challenges juggling career and family. Many young women witness their peers encountering promotion delays after marriage and childbirth, dealing with problems splitting housework responsibilities, and having difficulty finding adequate childcare. The financial burden associated with raising children, including the costs of larger living spaces and ensuring a competitive education for their offspring, is an additional factor affecting couples’ decisions on whether to expand their families.
Consequently, later marriages and childbirth have become increasingly more common, contributing significantly to declining fertility in these two countries. At 0.72 and 1.26, respectively, the latest fertility rates in Korea and Japan are among the lowest in the world. Meanwhile, large gaps between men and women still exist in employment and wages, particularly for leadership positions. Representation of women in senior management roles is less than 15 percent in both Japan and Korea, among the lowest in G20 countries.
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