TheDemonBuer@lemmy.world to News@lemmy.world · 7 days agoAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comexternal-linkmessage-square119fedilinkarrow-up1182arrow-down128
arrow-up1154arrow-down1external-linkAnalysis: The fertility crisis is here and it will permanently alter the economy | CNN Businesswww.cnn.comTheDemonBuer@lemmy.world to News@lemmy.world · 7 days agomessage-square119fedilink
minus-squaregandalf_der_12te@feddit.orglinkfedilinkarrow-up1·edit-24 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.