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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 boomers were in the United States as of 2019. [75] The age wave theory suggests an economic slowdown when the boomers started retiring during 2007–2009. [76]
The Lost Generation was the demographic cohort that reached early adulthood during World War I, and preceded the Greatest Generation.The social generation is generally defined as people born from 1883 to 1900, coming of age in either the 1900s or the 1910s, and were the first generation to mature in the 20th century.
This generation of "baby boomers" was the result of a strong postwar economy, in which Americans felt confident they would be able to support a larger number of children. Boomers also influenced the economy as a core marketing demographic for products tied to their age group, from toys to records. [25]
Baby Boomers. Next up is the baby boom generation, born from 1946 to 1964, whose name can be attributed to the spike in births — or “baby boom” — in the U.S. and Europe following World War II.
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]
It's only natural to think that others have it easier than you. But when it comes to financial woes, the numbers tell a clear story -- baby boomers grew up in an era when things were simply more...
The oldest baby boomers reached 30 in 1976, while the youngest reached that mark in 1994. They hit 40 between 1986 and 2004. Elder millennials hit 30 in 2011, and the last batch will get there in ...
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 ...