Internationally and in some parts of the U.S, leaders have tried to make raising children easier financially.
In 2023, the average number of children per woman was about 1.6 — a 2% decline from 2022, according to the Centers for Disease Control and Prevention. In 1960, it was about 3 per woman, according to Statista.
"For millennials, 2 in 5 actually cited cost as the reason that they don't feel that they can have kids," said Palmer. Dozens of countries offer government mandated paid parental leave.
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