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