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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]
Baby boomers are the post-World War II generation, a time that saw an unprecedented jump in the American birth rate. Boomers are now between ages 58 and 76, and all of them will be 65 or older by...
But now, the prospect of living to upwards of 95 years old is becoming an increasing likely reality for older people—and you can bet the cost of housing, health care, bills, and food is going to ...
Congress isn’t getting any younger. In fact, compared with the previous session, it’s 79 days older, and the third oldest in U.S. history. With an average member age of 58.9 years old, the ...
At the same time, the postwar baby boom and subsequently falling fertility rate seemed to jeopardize America's Social Security system as the baby boomers retire in the early 21st century. [ 74 ] Using their own definition of baby boomers as people born between 1946 and 1964 and U.S. census data, the Pew Research Center estimated 71.6 million ...
Car insurance in America now costs a stunning $2,329/year on average — but here’s how 2 minutes can save you more than $600 in 2025 Can you guess what percentage of Americans actually retire ...
The United States grew older, faster, last decade. The share of residents 65 or older grew by more than a third from 2010 to 2020 and at the fastest rate of any decade in 130 years, while the ...
Baby boomers are set to drop a huge windfall on Gen X and millennials over the next 20 to 30 years. ... Car insurance in America now costs a stunning $2,329/year on average — but here’s how 2 ...