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| Name | Why are people not getting married anymore? |
| Video Uploader | Video From CNBC International |
| Upload Date | This Video Uploaded At 19-07-2023 11:48:47 |
| Video Discription | 89% of the worldâs population now live in countries with falling rates. In the U.S., marriage has declined by 60% since the 1970s, while median age for first marriages has increased for both men and women. âThere are a couple of big factors here in play. One major factor is the changing economyâ, said Brad Wilcox, director of the National Marriage Project at University of Virginia. The phenomenon affects many countries in the world but itâs most pressing in east and south Asia, where marriage and childbirth are highly correlated. âGovernments all over the world are worried because of economic implicationsâ, said Dr Leng Leng Thang of National University of Singapore. The decline of marriage is turning into a demographic crisis for Japan which is the worldâs third largest economy and home to the worldâs oldest population. And a similar problem is troubling authorities in China, which registered the fewest marriages in 2022 since public records began. âBy 2050, China's working population will be reduced by 10%, and not enough babies will be born to fill that gap. The dependent population, those who reach retirement age, will doubleâ warned Dr Ye Liu from Kingâs College London. Watch the video above to learn what causes increasing number of couples around the world to opt out of marriage. #CNBC #Marriage #Wedding #Kids ----- Subscribe: http://cnb.cx/2wuoARM CNBC International TV: https://cnb.cx/2NGytpz LinkedIn: https://www.linkedin.com/showcase/cnbc-international/ TikTok: https://www.tiktok.com/@cnbci Facebook: https://www.facebook.com/cnbcinternational Instagram: https://www.instagram.com/cnbcinternational/ Threads: https://www.threads.net/@cnbcinternational Twitter: https://twitter.com/CNBCi _H_RrMH4WV8 |
| Category | News & Politics |
| Tags | CNBC | CNBC Explains | CNBC International | marriage | wedding | wedding planning | wedding video | should i get married | should we get married | when to get married | where to get married | why marry | destination wedding | no kids no marriage | double income no kids | cost of wedding | wedding budget | marriage rate | declining birth rate | why do people get married | when to have children | history of marriage | cost of children | cost of childbirth | japan population crisis | fertility |
