South Korea is facing a demographic crisis as its fertility rate hits a record low of 0.72, with more women delaying childbirth due to career disruptions and high child-rearing costs. By 2025, the country is set to become the world’s first super-aged nation, with nearly 20 million residents over the age of 65. The debate over hiring foreign helpers as a solution has gained traction, but concerns over wages and working conditions remain.
The arrival of Filipino workers in a pilot program with guaranteed minimum wages has sparked debate over the long-term viability of such initiatives. Lawmakers and citizens express concerns over the high costs and accessibility of care services for average families. The need for improved working conditions and state-backed care services is emphasized as the country grapples with an aging population and declining birth rates.
Why shouldn’t we have the same access to foreign helpers as Hong Kong and Singapore?
The ongoing discussion underscores the need for comprehensive solutions to support families and address the societal challenges posed by an increasingly elderly population and a shrinking workforce in South Korea.