In an alarming demographic trend, South Korea’s total fertility rate has plummeted to a record low of 0.7 during the third quarter of this year, according to the latest data released by Statistics Korea. This marks the lowest-ever rate recorded for a third quarter, intensifying concerns about the country’s ageing population and shrinking workforce. The Unprecedented Decline: Statistics Korea’s data reveals a stark drop in the fertility rate, which measures the average number of children a woman is expected to give birth to in her lifetime. The rate of 0.7 is not only a decrease from last year’s third-quarter figure