Drive Growth: Millennial Generation and Reason Economists

drive growth: The millennial generation, those who reached adulthood after the year 2000, are not having babies at the rate they would need to drive growth, according to Hamilton Spectator. Having kids is obviously a personal decision, but what should concern us is the extent to which those decisions are being influenced by external factors, such as precarious employment, low income and ability to rent or own adequate housing. Consider: Declining birth rates are an issue across Canada, and Hamilton is no exception. This is just one reason economists and advocates alike are worried about the overwhelming growth of precarious employment, with its typical lack of security, low wages, no benefits and little dependability. If we don't have sustainable population growth, there only one other option — decline. We need to recognize this is a potential societal game-changer. (www.immigrantscanada.com). As reported in the news.