There has been a clear shift in the dynamics of the society we live in today. Majorly women’s views on their duties have clearly changed. This has resulted in lifestyle decisions that put the profession above traditional family responsibilities. There will be a considerable increase from past decades, with approximately 45% of women in the prime working age range of 25–44 predicted to be childless and single by 2030, according to a recent Morgan Stanley survey.
Why more women are choosing to stay single
Women choosing to put off getting married or stay single is one of the main factors causing this trend. This is a vast shift from the previous generations where it was customary to marry in the 20s. Women will now prefer to prioritise their personal development and careers. Staying unmarried is becoming an increasingly attractive status.
Long after they reach middle age, women in their 30s and 40s are also more likely to file for divorce or decide against getting married again.
Why the trend of delayed motherhood
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Women would become mothers in their early 20s in the previous years. But the trend of delaying or rethinking the idea of becoming a mother can have various impacts on society. This is caused by a number of things, including concerns about work-life balance, job growth, and the cost of having children.
Nowadays, more women are becoming the main earners in their households and making up a larger share of the workforce. This shift has given women the financial independence to focus on their personal happiness and career growth.
How will this affect the economy and workplace?
The rise in single, childless women is expected to have a big impact on the economy. As more women choose to delay or skip marriage and having kids, their financial influence is likely to grow.
By 2030, society’s views on marriage and parenthood will likely shift as well. This could lead to more progressive policies on childcare, flexible working hours, and equal pay—steps that might help narrow the gender wage gap.
It’s clear that women’s role in the global economy will only become more critical in the coming years. It is obvious that it will be driven by their growing independence and will equally influence both inside and outside of the workplace.
Source: timesofindia.indiatimes.com
