East Asia's Plummeting Birth Rates Challenge Societies to Support Families
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Birth rates in East Asia are the lowest in the world and continue to decline, leading to aging populations and shrinking workforces.
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Governments have tried to address falling birth rates by offering financial incentives for having children, but these have not been effective.
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Possible reasons for low fertility include high costs of living and childcare, work pressures, and cultural shifts.
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Some companies have started offering benefits like bonuses and childcare stipends to encourage employees to have kids.
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There are no quick or easy solutions; societies may need to tackle issues like youth unemployment and make broader changes to improve work-life balance.