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Time to have babies?

In a recession, the birth rate usually dips below the norm. If you're a childless banker, however, the next 12 months may provide the ideal opportunity to procreate.

For female bankers, pregnancy is likely to make employers think twice before making their position redundant. Providing they don't return to work with speed of Rachida Dati, it also provides an excuse to spend several months out of the market when not much is happening anyway.

Male bankers producing offspring in the current environment may actually get to spend some time with their progeny.

"It feels like there might be a bit of a baby boom," says Kate Grussing at Sapphire Partners, an organization which helps place bankers into flexible work. "The opportunity cost is a fraction of what it would have been and there will be a lot fewer transactions and projects to work on."

Let us know below if you adhere to the belief that now's a good time to start/expand your family. Equally, let us know if you recommend refraining until things improve...

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AUTHOReFinancialCareers UK Insider Comment
  • SF
    SF1966
    15 January 2009

    If we wait for the "right" time to have babies we will have them after the age of 45.....So do not hesitate to "make" them if you have the ths "skills" at anytime. I had my son at my 29 and believe me it was the most inappropriate time to do that. Now my son is 13 years old and I hope in the next 5-10 years to enjoy again my relation with my wife "freely". Please make kids. Who is gone spent our next bonuses????

  • FI
    FIN
    14 January 2009

    Totally agree with "Dunbankin". Please don't. I feel the same about this as i did when hordes of bankers were threatening to become teachers.

    Bankers teaching our kids about morality and maths? what a thought

  • Du
    Dunbankin
    13 January 2009

    It would be disastrous for the human gene pool if a whole load of bankers decided to have kids. Gordon Brown should offer them all 2500 not to.

  • Ch
    Chris
    13 January 2009

    Some of these comments are hiliarous, but I think Germaine Greer would have a fit reading some of this

  • Ja
    Jamelia
    13 January 2009

    You're right - perfect time for women to pop them out. Great excuse to be out of the market, great foil for redundancy, couple of years' child rearing and then back in again in 2011 when everything's blown over.

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