Melinda Mills emphasizes the implications of sustained low fertility rates, noting that "Sustained low fertility combined with longer life expectancy results in aging populations, causing strains in the labor market such as health care for older populations…"
James Pomeroy warns of economic impacts, saying, "The resulting drop in GDP from this aging population could be as much as 4%," highlighting the urgency of addressing workforce challenges.
The CDC's report of U.S. fertility rates falling to a historic low of approximately 55 births per 1,000 females ages 15 to 44 reflects a shift towards dual-income-no-kids lifestyles.
Experts had expected a post-Covid baby bump, but data from 2022 indicated births reverted to lower trends, suggesting long-term demographic shifts are underway.
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