Birth rates are plunging in the U.S. After the highs of the Baby Boom in the mid-20th century and the lows of the Baby Bust in the 1970s, birth rates were relatively stable for nearly 50 years.
But during the Great Recession, from 2007-2009, birth rates declined sharply – and they’ve kept falling. In 2007, average birth rates were right around 2 children per woman. By 2021, levels had dropped more than 20%, close to the lowest level in a century. Why?
Is this decline because, as some suggest, young people aren’t interested in having children? Or are people facing increasing barriers to becoming parents?