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Otoh, we have far more marketers, professional writers, video editors, programmers, and people who make their own profits via YouTube etc.

And a drastic drop in birth rate should mean fewer people so favor labor.

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Declining birth rate would also reduce demand for labor, not just supply, no? Assuming that the relationship between population and demand for labor is linear (probably isn't, I don't know economics).

I think it's a delayed effect. As the populace ages, people who are retired (from when birthrates were higher) will make up a larger percentage of the total population. There's some existing info on this out there, but most of what I have seen focuses on how this will impact Social Security in the US.

Birth rates in the US mean nothing if the birth rates elsewhere are high -- immigrants, legal or otherwise, will make up the difference.

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