Coronavirus “Baby Bust” could be worse than expected: Why it matters

Coronavirus “Baby Bust” could be worse than expected: Why it matters

CNA—Amid steady forecasts of demographic decline, one economics professor says that a COVID-related “baby bust” could be worse than people predicted. A Brookings Institution report published in June said that the economic shock caused by the coronavirus, combined with the social effects of the pandemic itself, could trigger a sharp decline in births. Those predictions…

Why America’s Birth Rate is Still Tanking: The Cost of Raising a Child and Lost Millennial Wealth

Why America’s Birth Rate is Still Tanking: The Cost of Raising a Child and Lost Millennial Wealth

It’s been 10 years since the Great Recession ended. Yet, despite robust economic growth and low employment over the past two years, births in the United States have continued to plummet. Before the Great Recession, the fertility rate—the number of children women have on average during their lifetimes—had been on the rise. But once the…