This Week's Herman Trend Alert

Exploring What Works
in Workforce Development

 

  The Herman Trend Alert

April 5, 2006

Career Security Influencing Birth Rate

When young men and women are more confident about their ability to support a family over a long period of time, they are more likely to marry and have children. When they do not have good jobs or perceive economic and other conditions to be uncertain, potential parents tend to delay having children until they feel more secure. Anecdotal evidence suggests that young people today are even delaying marriage until they feel more stable and secure in making long-term commitments.

As we project these indicators into trends, we forecast that the divorce rate will decline. If people wait until their prospects for the future are stronger, they will approach marriage with expectations of longer relationships. We anticipate that the value set of the Millennials will include expectations of higher commitment levels than experienced by the past two generations. Marrying later, decisions will be more mature and carefully conceived.

As with marriage, bringing children into the world will be influenced by perceptions of global conditions. With greater job security, self-sufficiency that comes from education and training, and a sense of well-being that comes from better nutrition and healthcare, we have indications that birthrates may rise in the years ahead. Thus, the creation of new jobs---and the stronger demand for workers who are educated and trained---will contribute to the stability of the whole society, while helping to alleviate the problem of the declining birthrate.

This reversal of the declining birthrates in other countries will mean that their next generation born will face many of the challenges previously faced by the Baby Boomers ---overcrowded schools, more competition for college slots and jobs, and probably longer waits for appointments with healthcare professionals. These trends could place serious strains on developing countries seeking to claim a place on the world stage.

If growing economies can keep up with this labor market expansion, the generation following the Millennials will be absorbed in the labor market without significantly affecting unemployment. A catastrophic natural disaster or other wildcard could cause rising levels of unemployment, as the market struggles to absorb the increasing numbers of workers.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3547 or http://www.hermangroup.com. To sign up, visit http://www.HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

DO YOU HAVE THE NEXT BIG PRODUCT OR SERVICE?
If so, you will certainly want to apply to the Edison Awards for innovation. Fifteen categories of awards to win. Hurry, the regular deadline for entries is December 7th. Call, if you need an extension? http://www.edisonawards.com/Nominations.php Enter code "HermanAlert" for a 20% discount on the nomination fee.

ALTERNATIVE EDUCATION?
In his recent blogpost, thought-leader Robert Caveney outlines the traditional (Taylor) method that is literally centuries old and offers an alternative that makes a lot of sense. Check it out at http://schoolio.org/blogs/11867f/posts/35de5a5e

HELP YOUR LEADERS TO EXCEL
Support your supervisors, managers, and executives to be better leaders. Our Lessons in Leadership subscription provides weekly messages to reinforce important leadership behaviors. Visit http://www.hermangroup.com/store/subscription_all.html#4 to subscribe. Only $47 for a full year subscription. Quantity discounts available.

To read this Herman Trend Alert on the web: http:// www.hermangroup.com/alert/archive_11-19-2014.html


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 87 countries, including other websites and printed periodicals. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.