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Number of S.Korea Women to Outnumber that of Men Next Year

by Himabindu Venkatakrishnan on  November 24, 2014 at 4:16 PM Lifestyle News   - G J E 4
For the first time in South Korea, a major demographic change is expected. The number of women will outnumber that of men, reveals the result of a rapidly ageing population.
 Number of S.Korea Women to Outnumber that of Men Next Year
Number of S.Korea Women to Outnumber that of Men Next Year
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The state data agency Statistics Korea reports that the number of women in 2015 will reach 25.31 million compared to 25.3 million men.

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The shift is the consequence of a low birth rate and the natural longer life expectancy of women in a country undergoing a sharp generational shift.

South Korea became an ageing society in 2000 and is expected to become a "super-aged society" by 2026, when more than 20 percent of its population will be aged over 65.

This will have a significant economic impact in terms of increased welfare bills and a diminished workforce.

South Korea's working-age population between 15 and 64 will peak in 2016 at 37.04 million before starting to dwindle the following year, Statistics Korea said.

The most economically-active segment -- those between 25 and 49 -- already dropped for the first time last year to 19.78 million.

Source: AFP
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