https://www.bbc.com/news/world-us-canada-45442596 Yes, the unemployment rate is down from what it was 5 years ago, but rents and prices in many major U.S. West Coast cities are going up. For many of the jobs that are available, it's not easy for people to afford housing. That can put them in a precarious situation where they are more likely to go homeless if something goes wrong. There are some patterns emerging in the job market. The top 15-20 percent of jobs are well paid and have seen big gains in the past couple of years. The middle 30 percent or so are just doing okay, with an annual income of around $32,000. Typical apartment rents in surrounding metro areas are running around $1300 per month. Obviously working class people are finding "more creative" living arrangements and packing up in the same dwelling with multiple people, or living with other family members. There are some big education credential gaps, and some big generational gaps. 5 years out of college, a typical new graduate has a 50 percent chance of earning more than 42,000. (That's not to say more people would be earning more money if more people went to college, but is pointing out strikingly different experiences in different groups) Of course only about 34 percent of the population between the ages of 24 to 29 in these West Coast states have a four year college degree. This must no doubt be having an effect on fertility rates because it's in the 24-32 year old demographic range where families are most likely to start and children come from. Perhaps most alarmingly what we're seeing is a big income inequality gap in the younger demographic, much of that driven by (or correlated to) lack of credentials or underemployment. Opportunities are picking up in the job market for those closer towards the top, but many others are being left behind. Just some personal observations, from what I've seen there are many young adults sort of "treading water" or struggling a bit to find their place. Many who find they can't afford to move out on their own anywhere in the region where their parents live. A few of them have had to get entrepreneurial, but are not really earning that much money. Maybe this has always been the situation, to some extent, and most of them will slowly improve their circumstances. Still, I see huge delays in starting families because the incomes in this age demographic just do not line up with the costs of living.