Data released by the Ministry of the Interior is predicting Taiwan’s birth rate to hit a new low in 2024, raising fears over future labor shortages.
Category
🗞
NewsTranscript
00:00Taiwan reported 64,000 babies born in the first half of 2024. That's less than half
00:06of last year's total and a potential new low.
00:09Taiwan's birth rate was at its lowest in 2023, with 130,000 babies born. But experts
00:16were hopeful 2024, the year of the dragon, would see a new surge in births. It's one
00:22of the luckiest years on the Chinese zodiac to have a child and statistically has the
00:26highest births on the 12-year rotation. But data from the first half of this year shows
00:32that might not be the case, and it could signal a future labor shortage.
00:36Maybe people don't think it's important to have a child in the middle of the year.
00:40What's more serious is that the birth rate is going down. Everyone knows this is a national
00:45security crisis.