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Echo Boomers (Millennials): are mostly the children of baby boomers and a few members of the Silent Generation and Gen X, and are commonly considered to be born from the early 1980s to the mid or late 1990s. [26] [27] They are considered to be the first "digital natives", and thus have a large influence on social media, and the video game ...
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.
Generation Jones were children during the sexual revolution of the 1960s and 1970s and were young adults when HIV/AIDS became a worldwide threat in the 1980s. The majority of Joneses reached maturity from 1972 to 1979, while younger members came of age from 1980 to 1983, just as the older Baby Boomers had come of age from 1964 to 1971.
An older person showing off their money. The Baby Boomer generation was in their peak working years when the U.S. Dollar had its strongest purchasing power. In 1968, the federal minimum wage was ...
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.
Baby boomers were hit the hardest by inflation in 2023, driven by rising healthcare costs. Healthcare costs outpaced overall inflation, and they make up a larger share of boomers' budgets.
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]
Each had written on generational topics: Strauss on Baby Boomers and the Vietnam War draft, and Howe on the G.I. Generation and federal entitlement programs. [19] Strauss co-wrote two books with Lawrence Baskir about how the Vietnam War affected the Baby Boomers: Chance and Circumstance: The Draft, the War, and the Vietnam Generation (1978) and ...