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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.
In 2011, the children of baby boomers made up 27% of the total population; this category was called Generation Y, or the "baby boom echo". The fertility rate of the generations after the baby boomers dropped as a result of demographic changes such as increasing divorce and separation rates, female labour force participation, and rapid ...
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 oldest Baby Boomers, a large demographic cohort, had started to reach retirement age in the 2010s. [40] By the early 2020s, about one in six Americans are 65 or older. [ 55 ] In 2020, the median age of the United States is 38.8, up from 37.2 in 2010, [ 43 ] 35 in 2000, and 30 in 1980. [ 56 ]
The generation is often defined as people born from 1946 to 1964, during the mid-20th century baby boom. Pages in category "Baby boomers" The following 10 pages are in this category, out of 10 total.
“By 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will possess — a potential wealth transfer of such magnitude that it approaches ...
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. The name "Generation Jones" has several connotations, including a large anonymous generation, a " keeping up with the Joneses " competitiveness and the slang word ...
The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...