Tuesday, March 27, 2012

US birth rate plummets

The number of children born in the U.S. has plunged 8 percent since its all-time high in 2007, according to the National Center for Health Statistics. More alarming: population growth is at its slowest growth rate since the Great Depression, according to the U.S. Census....
There's no doubt that birth rate is an indicator of a nation's economic well-being. Typically birth rates are lower in countries with fewer jobs, according to the OECD. 
The birth rate has been falling since the housing bubble burst in 2007. 3.98 million children were born in the 12 months ending in June 2011: 8 percent fewer than the peak of 4.32 million in 2007. Nearly half of that decline has occurred since the end of 2009.
Read it at The Huffington Post
Birth Rate Plummets, Young Americans Too Poor To Have Kids
by Bonnie Kavoussi

Write it off to unforeseen consequence of financial instability.


Ryan Harris said...

Carney wrote a clear article on this topic, Tom. The birth rate is a function of the rise in Social Security. **coughs** Are you trying to poke a hole in that?

Tom Hickey said...

Ryan, we already dealt with that here March 5th and 9th.