@[email protected] to [email protected] • 10 months agoAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comexternal-linkmessage-square126fedilinkarrow-up1194cross-posted to: [email protected]
arrow-up1194external-linkAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.com@[email protected] to [email protected] • 10 months agomessage-square126fedilinkcross-posted to: [email protected]
minus-squareAnikilinkfedilink1•edit-210 months agoThe 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.
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.