South Korea faces a record-low birth rate due to the YOLO generation prioritizing lifestyle choices over parenthood.

South Korea faces a record-low birth rate due to younger generations prioritizing consumerism and immediate gratification over parenthood. Despite government incentives, the 'YOLO' generation focuses on lifestyle choices, leading to a demographic crisis. South Korea plans to create a new ministry to address this issue, but efforts to incentivize starting families have not resonated with this generation, who face financial hardships, job insecurity, and high education costs.

7 months ago
148 Articles

Further Reading