THE FATBOY SHOW : 45% of Women Are Expected To Be Single and Childless by 2030.
In 2019, Morgan Stanley published an article outlining women's impact on the American economy. The number of "prime working-age women" in the U.S. has been increasing steadily, and most of them are single and completely focused on their careers. These women will continue to have a greater representation in the workforce, helping to boost wages.
Economist Ellen Zentner explained, "In the past, education or lower-paying occupational choices largely drove the pay gap. Today, motherhood is by far the largest contributor to the wage gap, since women who become mothers often choose to stop working or work fewer hours."
But it looks like there will be fewer and fewer mothers over the next couple of decades as women choose to commit themselves to work rather than start a family. The number of single women in the U.S. is expected to increase by 1.2% every year from 2018 to 2030, compared to a 0.8% increase for the overall population. This is likely going to result in 45% of women between the ages of 25 and 44 who will be single and childless by 2030. This is an increase from 41% of women in that age group being single and childless in 2018.
"These shifting lifestyle norms are enabling more women, with or without children, to work full time, which should continue to raise the labor force participation rate among single females," Zentner says.
Single women spend more than the average family household, especially when it comes to travel, nightlife, eating out, skincare and beauty, retail shopping, etc. So of course economists will attempt to frame it in a positive light that nearly half of women are single and childless. It can only be good for the economy.