That birth rate drop is from the soft “immigration” they did when they doubled the workforce by shoving women into jobs. The US did the same thing while also importing millions of people, the wage stagnation as a result is insane. For example an entry level engineer made 42k in 1990, today they make 70k. Upgrade right? Except if you adjust for inflation that $42k salary in 1990 is $102k today. So the average engineer is getting paid less than half the difference of an equal salary in 1990.
Yeah inflation also slowly rots away people's income who aren't really noticing. Though, not a ton you can do about it while it happens other than seek a better job
Indeed, Seems to be what is happening now.
Though the birth rate does drop in places with low or near zero immigration too. Notabley Korea and Japan.
But I don't doubt it is having an effect in USA, since it's affecting cost of living negatively
That birth rate drop is from the soft “immigration” they did when they doubled the workforce by shoving women into jobs. The US did the same thing while also importing millions of people, the wage stagnation as a result is insane. For example an entry level engineer made 42k in 1990, today they make 70k. Upgrade right? Except if you adjust for inflation that $42k salary in 1990 is $102k today. So the average engineer is getting paid less than half the difference of an equal salary in 1990.
Yeah inflation also slowly rots away people's income who aren't really noticing. Though, not a ton you can do about it while it happens other than seek a better job