• Minotaur@lemm.ee
    0·
    6 months ago

    Sorry - genuinely don’t understand this one. What’s the connection? No kids means… no future workers?

    • gandalf_der_12te@feddit.de
      0·
      6 months ago

      The labor market is a market - that means it is regulated by supply and demand.

      Now, there’s a demand for workers.

      Now, think about what happens when the supply goes down - prices go up.

      In other words: If there are fewer workers on the labor market, that means the price for labor goes up, in other words: wages go up.