anyone doing this? i've posted before about H and i mulling TTC in a time at which our jobs are less than secure. i'm curious how other folks are handling this. peep this:
here's a snippet. find the full story here: http://www.latimes.com/news/printedition/front/la-fi-nokids10-2008dec10,0,1244156.story
Recession prompts some couples to delay having kids
Birthrates typically decline during economic downturns. Would-be parents struggle with the wisdom of waiting.
By Jessica Guynn
December 10, 2008
Reporting from San
Kristen Hirsch Montag took her time finding Mr. Right, so she didn't
want to wait long to start a family. Yet at 39, Montag says the economy
has left her little choice but to let her biological clock keep ticking.
the couple were planning their October wedding, Montag's husband, Paul,
lost the job he had held for seven years selling ads for a magazine
because it folded. His unemployment benefits will run out soon, leaving
the newlyweds with two mortgages and heavy hearts.
cannot think about getting pregnant now," said Montag, a marketing
communications manager for a nonprofit organization in St. Paul, Minn.
"I hope that a new job and a house sale will change things for us. But
I am not too confident about the future right now."
financial crisis reverberates through Wall Street, Washington and
beyond, it is taking a personal toll on couples who are making the
painful decision to postpone starting -- or growing -- their families.
Once hopeful about their ability to provide for children, prospective
parents are now filled with gnawing doubts as jobs vanish, retirement
savings dwindle and housing prices fall -- even as the cost of having
and raising a child rises.
Many economists fear that the current
recession will become one of the worst since the Great Depression. When
that hit in the 1930s, the birthrate dropped precipitously, and the
effects of having fewer people in the workforce rippled through the
economy two decades later.
"If you can't pay your mortgage, the
last thing on your mind is to have another child," said Dr. Khalil
Tabsh, chief of obstetrics at UCLA, who expects to start seeing a drop
Baby booms and busts are reliable, if lagging,
economic indicators, intertwined with the rise and fall of the nation's
fortunes. For three-quarters of a century, economic downturns have
triggered declines in the U.S. fertility rate, which, at about two
children per woman, is the highest among rich nations. The fertility
rate hit its post-World War II low of 1.7 in 1976, after the oil
shortage and a severe recession.
With the country in a recession
since December 2007, accompanied by a stock market plunge and growing
numbers of people losing their jobs and homes, 8 in 10 Americans say
they are anxious about the economy, a recent survey by the American
Psychological Assn. showed.
Demographers say it's too early to
tell what effect that anxiety will have on the U.S. birthrate, which is
already difficult to forecast with so many factors in play, including
immigration and birth control. They don't expect the current recession
to lower the rate below the so-called replacement level, at which each
couple reproduces itself.
But they do say that the rate could
drop if the economic slump is deep and protracted. "We'll know in about
nine months," said Carl Haub, a demographer for the Population Research
Bureau, a private company in Washington. "It depends on how low it
For now at least, childbearing is a family issue, not a national one.