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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.
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 term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
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 ...
Babies born this year and the 14 years that follow are part of Generation Beta. It’s a new year, and all babies born from Jan. 1 on are part of the youngest generation, dubbed Generation Beta.
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]
10 Things Boomers Should Consider Selling in Retirement 11 Uncommon Investments That Can Actually Make You A Lot of Money 3 Things You Must Do When Your Savings Reach $50,000
The red segment is known as the Baby Boomer period. The drop in 1970 is due to excluding births to non-residents. ... Decreased height and width, fixed one text ...