Lack of affordable child care, discrimination against women in the workforce and the sheer cost of raising children all make it less appealing for some mothers to have more children.
In China, each woman went from having about three children in the late 1970s to now one. Decades later, the Chinese government wants women to have three children again but is meeting resistance.
The implications of a shrinking population on our economic growth are potentially big, but Marketplace senior economic contributor Chris Farrell thinks there’s some solutions to tap.