Women's Economic Activity Increase Can Ease Aging Society
A report released by South Korea's Modern Economic Research Institute on May 19, 2013, shows that an increase in women's economic activities can ease the burdens on an aging society and raise the birth rate.
![A report released by South Korea's Modern Economic Research Institute on May 19, 2013, shows that an increase in women's economic activities can ease the burdens on an aging society and raise the birth rate. [tplm123.com]](/res/womenofchina/1305/1305240057.jpg "A report released by South Korea's Modern Economic Research Institute on May 19, 2013, shows that an increase in women's economic activities can ease the burdens on an aging society and raise the birth rate. [tplm123.com]") |
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A report released by South Korea's Modern Economic Research Institute on May 19, 2013, shows that an increase in women's economic activities can ease the burdens on an aging society and raise the birth rate. [tplm123.com] |
The report was based on an analysis of 24 member states of the Organization for Economic Co-operation and Development (OECD).
The Institute predicted that if South Korean women's economic activity participation rate rose by 10 percent, a woman of child-bearing age would increase her number of children from 1.3 to 1.42-1.49.
In 2011, the average rate of women's economic activity participation in South Korea was 54.9 percent, putting it lower than that of Japan (63 percent), the United States (67.8 percent), the European Union (66.5 percent) and the OECD (61.8 percent). The rate at which women in the country stop working due to childbirth is also higher than in other developed countries.
Additionally, among women aged between 25 and 64 in South Korea, the employment rate of four-year college graduates in 2010 was 60.1 percent, lower than that of the United States (76.2 percent), Germany (82.8 percent), Denmark (84.3 percent) and the OECD (78.7 percent).
However, the rate at which South Korean women take part-time jobs due to child raising reasons reached 41.5 percent, which was much higher than the rate for men.
Modern Economic Research Institute Researcher Min-jeong Kim said that the increase in women's economic activities can solve the problem of labor shortages and raise the birth rate, therefore delaying the aging process of a society. Kim suggested that governments should encourage highly educated women to return to work by offering more flexibility, support and security to female employees.
(Source: china.com.cn/Translated by womenofchina.cn)
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