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Cost, climate change, and career are among the reasons Millennials are choosing to put off having kids—or not have them all.

Jan 27 2022

Cost, climate change, and career are among the reasons Millennials are choosing to put off having kids—or not have them all. Birth rates have been on a steady decline for the past eight years, and a CDC report found that the U.S. birth rate fell by 4% from 2019 to 2020. Meanwhile, YPulse’s 2021 Millennial parenting data found that the number of Millennials who say they want to have kids in the future dropped from the year prior. So, what’s influencing this generation to delay or forgo having kids? Multiple reasons tell the story, the first being the fact that living a fulfilling life isn’t solely defined by having children anymore. Millennials are focused on more goals outside of having a family, like pursuing their education and career and spending their free time traveling. The second factor is finances: Having a child is expensive, and after dealing with the lingering effects of the Great Recession, navigating student debt, rising housing costs, and more, it’s been a life milestone of its own for this gen to feel caught up financially. Childcare resources are also a consideration, like if they’ll have enough money to hire a nanny or have the flexibility to work from home (beyond the pandemic, too). Climate change uncertainty, the current state of the world, and the fact that not having kids is more socially acceptable than it once was are considerations Millennials are also keeping in mind. (Business Insider)