Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
www.cnn.com Analysis: The fertility crisis is here and it will permanently alter the economy | CNN Business
The world isn’t having enough babies and that demographic shock will reshape the largest economies in the next decade.
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The labor market is a market. It is regulated by supply and demand. The good being traded for money is human labor.
If supply goes down (fewer workers being born), prices go up; that means, higher wages.
If supply goes up (more workers being born), prices go down; that means, lower wages.
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