- Apr 7, 2010
- 458
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- New Delhi
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- 3131
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- 10-02-2011.
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- 20-APRIL-2011
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- 16-OCT-11
Canada: Recession Responsible For Low Birth Rate!
Canada: Post Recession: The world markets are slowing emerging from the Great Recession of 2008 – 2009. Canada’s post recession recovery is not impressive. As the recessionary hangover continues globally, Canada faces slow growth prospects. This essentially means that jobs are hard to come by and the security of existing jobs is debatable. Other concerns are decrease in housing prices and increasing interest rates. The recession has also had a significant effect on the birth rate.
Recession and Only Child Families: Recession in Canada has had an impact on the size of families. There are more only child families today. Though the little bundle gives immense joy, he also causes considerable strain on the finances. It is a fact that children are expensive. In good economic times, people tend not to consider the financial implications of having another baby. But today, couples have to take that factor into account while planning an addition to the family. Also, the fact that they already have a child to care for in the present economic scenario does not push them towards the decision for a second one easily. Parents feel that they would be able to offer best opportunities to a single child rather than two.
Recession and Delayed Families: A study for the European Union by the Vienna Institute of Demography has revealed that educated women in rich countries postpone having babies in recessionary times. This holds true for Canadian women too. Many couples are willing to wait just a little bit longer before entering parenthood, in spite of the biological clock ticking away. Newly married couples invariably have mortgages on their house, which is a priority. If job security is not guaranteed or if one partner is laid off, the pressure becomes immense and pregnancy is the last thing on the mind. This means that couples will have children when they are much older. Though unhappy about this, couples are not confident about their ability to raise children in the current scenario of economic downturn.
Recession and Fertility Treatments and Adoptions: Several couples undergo expensive fertility treatments like artificial insemination to fulfill their parenthood dreams. Such procedures become unaffordable during recession, adversely affecting growth of families. Adoption procedure expenses, not very affordable normally, take off to unreachable heights during recession. Canadians are adopting lesser children during this recession.
The Future Ahead: Effects of the falling birth rate are not apparent on a national scale right now. But economists worry that the results may be seen two decades later as acute shortage in the work force. This is exactly what happened during the Great Depression of the 1930s. It is time to learn lessons from history and adopt corrective measures right now.
Canada: Post Recession: The world markets are slowing emerging from the Great Recession of 2008 – 2009. Canada’s post recession recovery is not impressive. As the recessionary hangover continues globally, Canada faces slow growth prospects. This essentially means that jobs are hard to come by and the security of existing jobs is debatable. Other concerns are decrease in housing prices and increasing interest rates. The recession has also had a significant effect on the birth rate.
Recession and Only Child Families: Recession in Canada has had an impact on the size of families. There are more only child families today. Though the little bundle gives immense joy, he also causes considerable strain on the finances. It is a fact that children are expensive. In good economic times, people tend not to consider the financial implications of having another baby. But today, couples have to take that factor into account while planning an addition to the family. Also, the fact that they already have a child to care for in the present economic scenario does not push them towards the decision for a second one easily. Parents feel that they would be able to offer best opportunities to a single child rather than two.
Recession and Delayed Families: A study for the European Union by the Vienna Institute of Demography has revealed that educated women in rich countries postpone having babies in recessionary times. This holds true for Canadian women too. Many couples are willing to wait just a little bit longer before entering parenthood, in spite of the biological clock ticking away. Newly married couples invariably have mortgages on their house, which is a priority. If job security is not guaranteed or if one partner is laid off, the pressure becomes immense and pregnancy is the last thing on the mind. This means that couples will have children when they are much older. Though unhappy about this, couples are not confident about their ability to raise children in the current scenario of economic downturn.
Recession and Fertility Treatments and Adoptions: Several couples undergo expensive fertility treatments like artificial insemination to fulfill their parenthood dreams. Such procedures become unaffordable during recession, adversely affecting growth of families. Adoption procedure expenses, not very affordable normally, take off to unreachable heights during recession. Canadians are adopting lesser children during this recession.
The Future Ahead: Effects of the falling birth rate are not apparent on a national scale right now. But economists worry that the results may be seen two decades later as acute shortage in the work force. This is exactly what happened during the Great Depression of the 1930s. It is time to learn lessons from history and adopt corrective measures right now.