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The U.S. Census Bureau defines baby boomers as those born between mid-1946 and mid-1964, [2] although the U.S. birth rate began to increase in 1941, and decline after 1957. Deborah Carr considers baby boomers to be those born between 1944 and 1959, [23] while Strauss and Howe place the beginning of the baby boom in 1943. [24]
The term baby boom refers to a noticeable increase in the birth rate. The post-World War II population increase was described as a "boom" by various newspaper reporters, including Sylvia F. Porter in a column in the May 4, 1951, edition of the New York Post, based on the increase of 2,357,000 in the population of the U.S. from 1940 to 1950.
The term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
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But members of this generation will also be raised by eco-conscious millennial and Gen Z parents who prioritize adaptability. ... Baby Boomers: 1946-1964 (age 61-79) Generation X: 1965-1979 ...
Baby boomers now hold an unprecedented share of the nation's wealth, with those born during this specific period now officially holding approximately 51.8% of U.S. wealth as of the early 2020s ...
From a demographic point of view, the labor shortage in the United States during the 2020s is inevitable due to the sheer size of the aging Baby Boomers. [98] [99] As the oldest economically active cohort, [99] the Baby Boomers comprised about a quarter of the U.S. workforce in 2018. [100]
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