Seoul: South Korea’s demographic crisis deepened with the release of data showing its fertility rate, already the world’s lowest, falling to a record low in 2023 despite billions of dollars in government schemes designed to encourage families to have more children. One of the key reasons for this downslide is women concerned about their careers and the financial cost of children are opting to delay childbirth or not have babies.Seoul: South Korea’s demographic crisis deepened with the release of data showing its fertility rate, already the world’s lowest, falling to a record low in 2023 despite billions of dollars in government schemes designed to encourage families to have more children. One of the key reasons for this downslide is women concerned about their careers and the financial cost of children are opting to delay childbirth or not have babies.