CNBC Television published this video item, entitled “Why the birth rate in the U.S. is falling” – below is their description.
Children are really expensive to raise in the United States. Economists say people may be taking that into consideration when deciding whether to have kids. Fertility rates dropped ahead of the Great Recession in 2007, suggesting having children may be an indicator of people’s confidence about the future. Despite this, public opinion polling suggests that financial anxiety is not actually deterring Americans from having children. Watch the video above to learn why the birth rate is falling and what the Covid pandemic may mean for future fertility rates.
CNBC Television YouTube Channel
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