Thursday, August 02, 2018

Record Low Fertility Rate Examined in Report

The nation's fertility rate hit a new low in the first quarter of 2018, according to the National Center for Health Statistics. The fertility rate (the number of births per 1,000 women aged 15 to 44) fell to 60.1 in the first quarter of the year, according to the NCHS's Vital Statistics Rapid Release Natality Dashboard. This is lower than the all-time annual low of 60.2 in 2017

The ongoing decline in the fertility rate is examined in a report by the Center for Retirement Research. The report analyzes whether the decline is a lingering effect of the Great Recession or a structural shift in childbearing in the United States. The conclusion: "the bulk of the evidence" points to a structural shift caused by four factors...
  • Hispanics are having fewer children
  • More women are earning college degrees
  • Those with no religious affiliation are having fewer children
  • The female-to-male wage ratio has increased
Because of these shifts, the nation's fertility rate is not likely to bounce back to pre-recession levels, concludes the report. Barring more immigration, lower fertility means the nation's social programs will become more expensive in the years ahead.

 Source: Center for Retirement Research at Boston College, Is the Drop in Fertility Temporary or Permanent?

No comments: