Working From Home During COVID Aided Bump in Birth Rate, New Study Says

Working From Home During COVID , Aided Bump in Birth Rate, , New Study Says.
The paper was conducted by economists from several prominent U.S. universities and was published the week of Oct. 17.
It found that economic factors played a key role in the 2021 "baby bump.".
Fertility rates in the U.S. had
been declining since 2007.
It’s really remarkable, because it’s the first recession where we see fertility going up rather
than down, Hannes Schwandt, Northwestern University,
via CNN.
Data points to a noticeable increase in birth rates for women with a college degree between the ages of 25-44,
as well as women between the ages of 30 and 34.
That goes right back to the classic economic theory that
you need income, you need money to have children,
because they’re expensive, Hannes Schwandt, Northwestern University,
via CNN.
For young, professional, high-skilled women in childbearing ages, time is probably the scarcest resource they have, Hannes Schwandt, Northwestern University,
via CNN.
But more importantly,
you need time, Hannes Schwandt, Northwestern University,
via CNN.
The research indicates that the overall cost of raising a child is a significant factor when it comes to fertility rates.
The U.S. has experienced declining fertility rates now for over a decade, and this has been a concern to many policymakers, Hannes Schwandt, Northwestern University,
via CNN.
In addition, the data could be used to institute or drive new policies.
We can analyze this
big change in society, Hannes Schwandt, Northwestern University,
via CNN.
Then we can learn from this
and how some of those [developments] were actually useful for highly educated, young, professional women
and the labor force, Hannes Schwandt, Northwestern University,
via CNN.
And maybe we should try to learn from that and continue those changes, Hannes Schwandt, Northwestern University,
via CNN