[PODCASTS]: Roundup – 3 July 2023

BBC Business Daily: Do you like a noisy or quiet workplace?

  • Research shows that very quiet offices and very loud offices are both bad, while moderate noise levels around 50 decibels are best.
  • Employees got used to quieter working conditions at home during the pandemic and are struggling to adjust to noisier offices.
  • Sudden noises can startle workers and disrupt their focus.
  • Companies are redesigning offices to control acoustics and noise levels.
  • Moderate noise levels around 45 to 60 decibels, similar to normal conversation or birdsong, are found to boost productivity and wellbeing.
  • Too much quiet can also be disruptive as workers are more sensitive to sudden noises.
  • Companies are becoming more aware of the mental health impacts of noise levels and are adjusting office designs accordingly.
  • Open plan offices aim to balance interaction and collaboration with limiting distractions.
  • The pandemic has made both employers and employees rethink the benefits of remote versus office working.

BBC More or Less : Will there be just 6 grandchildren for every 100 South Koreans?

  • South Korea has one of the lowest birth rates in the world at 0.78 children per woman
  • This is below the 2.1 needed to maintain a stable population
  • At this rate, there will be 15 grandchildren for every 100 Koreans today, not 6 as reported by The Telegraph
  • However, the population is still shrinking rapidly
  • Factors contributing to the low birth rate include:
  • Expensive housing
  • Long working hours (1900 hours per year on average)
  • High cost of child rearing and education
  • Women are more reluctant to have children due to gender norms and inequality
  • While women work outside the home, they still bear most of the responsibility for domestic work and childcare
  • Out-of-wedlock births account for only 4% of births due to social conservatism
  • South Korea’s rapidly declining birth rate serves as a warning for other countries
  • Societies must change to support the needs of women of childbearing age
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Consequences

  • Rapid population decline and aging population
  • Shrinking workforce
  • Increased burden on social welfare and pension systems
  • Economic challenges due to declining consumer demand and productivity
  • Potential competitiveness issues on the global stage
  • Risks for sustaining economic growth in the long term
  • Challenges providing public services and infrastructure for a smaller population

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