@TheDemonBuer@lemmy.world to News@lemmy.world • 10 days agoAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comexternal-linkmessage-square97fedilinkarrow-up1186cross-posted to: usa@lemmy.ml
arrow-up1186external-linkAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.com@TheDemonBuer@lemmy.world to News@lemmy.world • 10 days agomessage-square97fedilinkcross-posted to: usa@lemmy.ml
minus-square@gandalf_der_12te@feddit.orglinkfedilink1•edit-27 days 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.