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Media coverage of Generation Jones typically has described it as a distinct generation, using Pontell's dates. [2] [3] Others see this as a subset of the Baby Boom Generation, primarily its second half. [4] [5] A third view is that Generation Jones is a cusp or micro-generation between the Boomers and Xers. [6]
The biggest long-term story in the US economy is the generational divide between Baby Boomers and millennials. The Boomers, born in the wake of World War II with birth dates spanning roughly 1946 ...
The average unemployment rate in the key job-searching years for boomers was 7.5%, going from a low of 5.9% in 1979 to a high of 9.7% in 1982. ... your opinion on the housing market likely hinges ...
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 ...
By the time that boomer turns 65, they would have about $226,000 in their retirement account. However, the boomer who started at age 21 instead would have nearly $1 million instead. Low Interest Rates
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.
24/7 Wall Street Key Points. While 44% of Baby Boomers have saved over $250,000 for retirement, it is estimated that nearly 66% will have difficulty maintaining their current lifestyles in retirement.
But, Pontell's is more palatable to a media culture that has no interest in fundamentally challenging a 1946–64 Baby Boom and a 1965–80 Gen X. In fact, media can take or leave Pontell's argument that what he calls Generation Jones is its own generation — opting instead to consider "Generation Jones" just a new moniker for late Boomers.