3 ms·
The generations having fewer kids have more money than the generations that had more kids. I hope this isn't surprising anyone considering how expensive childr
by starkparker 3y ago
The generations having fewer kids have more money than the generations that had more kids.
I hope this isn't surprising anyone considering how expensive children are.
https://www.washingtonpost.com/business/2023/11/03/millennials-only-children/ https://www.washingtonpost.com/business/2023/11/03/millennia...
> Both married and unmarried Americans have shifted toward childlessness in the millennial era. And levels of childlessness have actually accelerated among millennials as their homeownership rates have recently grown.
> Instead, just about every source we consulted pointed to the broader economic climate. Hammered by the Great Recession, soaring student debt, precarious gig employment, skyrocketing home prices and the covid-19 crisis, millennials probably faced more economic headwinds in their childbearing years than any other generation. And, as sociologist Karen Benjamin Guzzo, director of the Carolina Population Center at the University of North Carolina, told us, it put them behind on everything you’re supposed to line up before you have kids.
> And, unlike previous generations, millennials had the means to delay pregnancy thanks to affordable, long-acting birth-control options, said Alison Gemmill, a demographer at the Johns Hopkins Bloomberg School of Public Health.
> “Historically, one of the reasons why we think the U.S. has had such a high fertility rate compared to other countries was related to unintended and unwanted pregnancies that resulted in births,” Gemmill told us. Now that it’s easier to avoid accidental pregnancies, more women are having kids later, or not at all.