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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 birth rate in America has long been on a decline, with the fertility rate reaching historic lows in 2023. More women between ages 25 to 44 aren’t having children, for a number of reasons.
A college education beginning in the 1973-74 academic year and finishing up in the spring of 1977 cost the average baby boomer around $36,000 in 2024 dollars — a sum that wouldn’t even get you ...
Millennials get the period from 1981 to 1996, another 15 year interval, then Generation Z is the term for those born 1997 to 2012, another 15-year “generation.”
In any case, the official age of retirement in the United States had already been raised, and Baby boomers were incentivized to postpone retirement in part because it allowed them to claim more Social Security benefits once they finally retired. [101] Furthermore, large numbers would like semi-retirement arrangements or flexible work schedules ...
Breakdowns of the generations can vary slightly, but per McCrindle, boomers were born from 1946 to 1964; those in Generation X were born from 1965 to 1979; millennials were born from 1980 to 1994 ...