Angela Di Iorio wanted to be pregnant with her first baby by now. Instead, the 36-year-old Italian, who just postponed her wedding for a second time, is starting to wonder whether she should have a child at all.

“Our plan was always to get married and then to start a family,” said Ms. Di Iorio, an osteopath from Rome whose fiance has been out of work for nearly a year, ever since a gym they co-own was forced to close because of measures to stop the spread of Covid-19. “We no longer have the kind of stability my partner and I worked so hard to achieve. And I’m getting older,” she said.

A year into the pandemic, early data and surveys point to a baby bust in many advanced economies from the U.S. to Europe to East Asia, often on top of existing downward trends in births.

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