file photo by Boyd Loving
- New Jersey couples say they plan on having 1.8 children in the future.
- This is 0.1 less than the current state average.
- Interactive map showing family trends in each state.
the staff of the Ridgewood blog
Trenton NJ, leading economists have been warning for decades that a shrinking population spells significant turmoil for our economy and broader society. This is not a problem exclusive to the United States either – for example, South Korea, a country with one of the lowest fertility rates, is offering new parents cheaper mortgage rates to encourage them to have children (at 1-3% lower than commercial banks), as well as several other initiatives.
Continue reading New Jersey Braces for Population Plunge as High Living Costs Curb Family Growth