millennials overtake baby boomers as america’s ... numbers, facts and trends shaping your...
Post on 07-Jun-2020
0 views
Embed Size (px)
TRANSCRIPT
NUMBERS, FACTS AND TRENDS SHAPING YOUR WORLD ABOUT | FOLLOW US
MENU RESEARCH AREAS
APRIL 25, 2016
Millennials overtake Baby Boomers as America’s largest generation BY RICHARD FRY (HTTP://WWW.PEWRESEARCH.ORG/STAFF/RICHARD-FRY/)
Millennials have surpassed Baby Boomers as the nation’s largest living generation, according to population estimates (http://www.census.gov/popest/data/datasets.html?eml=gd&utm_medium=email&utm_source=govdelivery) released this month by the U.S. Census Bureau. Millennials, whom we define as those ages 18-34 in 2015, now number 75.4 million, surpassing the 74.9 million Baby Boomers (ages 51-69). And Generation X (ages 35-50 in 2015) is projected to pass the Boomers in population by 2028.
The Millennial generation continues to grow as young immigrants expand its ranks. Boomers – whose generation was
defined by the boom in U.S. births following World War II – are older and their numbers shrinking as the number of
deaths among them exceeds the number of older immigrants arriving in the country.
Generations are analytical constructs, and developing a popular and expert
consensus on what marks the boundaries between one generation and the next
takes time. Pew Research Center has established that the oldest “Millennial”
was born in 1981. The Center continues to assess demographic, attitudinal and
other evidence on habits and culture that will help to establish when the
youngest Millennial was born or even when a new generation begins
(http://www.pewresearch.org/fact-tank/2014/03/11/the-next-america-on-the-daily-
show/) . To distill the implications of the census numbers for generational heft,
this analysis assumes that the youngest Millennial was born in 1997.
Here’s a look at some generational projections:
Millennials
With immigration adding more numbers to its group than any other, the
Millennial population is projected to peak in 2036 at 81.1 million.
Thereafter the oldest Millennial will be at least 56 years of age and
mortality is projected to outweigh net immigration. By 2050 there will be
a projected 79.2 million Millennials.
Generation X
PO T MAIL IO @R_FRY1
Richard Fry (http://www.pewresearch.org/author/rfry/) is a senior researcher focusing on economics and education at Pew Research Center.
For a few more years, Gen Xers are projected to remain the “middle child” of generations – caught between two larger generations of the Millennials and the Boomers. They are smaller than Millennials because the generational span of Gen X (16 years) is shorter than the Millennials (17 years). Also, the Gen Xers were born during a period when Americans were having fewer children than later decades. When Gen Xers were born, births averaged around 3.4 million per year, compared with the 3.9 million annual rate during the 1980s and 1990s when Millennials were born.
Though the oldest Gen Xer is now 50, the Gen X population will still grow for a few more years. The Gen X population is projected to outnumber the Boomers in 2028 when there will be 64.6 million Gen Xers and 63.7 million Boomers. The Census Bureau projects that the Gen X population will peak at 65.8 million in 2018.
Baby Boomers
Baby Boomers have always had an outsized presence compared with other generations. They were the largest generation and peaked at 78.8 million in 1999.
There were an estimated 74.9 million Boomers in 2015. By midcentury, the Boomer population will dwindle to 16.6 million.
This post was originally published on Jan. 16, 2015, and updated on April 25, 2016, to indicate that Millennials have officially surpassed Baby Boomers in population.
1.
174 Comments
Anon mou • 6 month ago (#comment-670178)
The e comment a out a ortion are ickening. A ortion i the e t thing po i le ecau e it eliminate a ie that
were unwanted. We don’t need an ever-expanding population and the la t thing we need i million of
underprivileged children. Unending growth i the p cholog of the cancer cell. Get a rain, ou anti-a ortioni t . You
make me puke.
Anon mou • 6 month ago (#comment-669761)
We need ma depopulation
Anon mou • 6 month ago (#comment-669733)
ecau e we have lo t over 54 million un orn children to a ortion who would have een a le to grow up and inve t in
ociet , our culture and work force. Or at lea t 45 million. It i not po i le to make up a lo t generation or people.
For ever child that die for whatever rea on, that make a difference in ever ociet . ach per on ha omething to
offer.
Anon mou • 6 month ago (#comment-669752)
I totall and completel agree. The a ortion indu tr i a olutel horri le not onl do it pre on children, it
end up acrificing them for the little t of thing a ed on the perceived o called “perfection” in our ociet .
Mother’ who don’t want children a ed on e e color, kin, etc.
We’re giving our oung people ver little choice and the have extorted to the extreme over it. The oung
men e peciall uffer the mo t from mental i ue that are never addre ed earl -on and it carrie into
adulthood creating multiple di order and all ort of needle deformitie and urden .
Our “fo ter home” tem i al o a me . We need to tart creening individual not onl a ed upon income
amount ut al o R LIGION a well too. There ha een too man ilent ca e of fo ter-children eing placed in
home where the have een a u ed huffled around with a carele a - oomer ociet that act like
“ u ine A U ual” with di regard to human life.
The e are the AM people who run after the tock market and are or car fanatic . We need to tart acting
le like animal and more a Up tanding Citizen in ociet again!!! Our college women and men are eing
needle l hara ed and acrificed for no rea on OTH R than to plea e the generation efore u for a couple
of dollar and uck .
It i HORRI L in the IT indu tr . There are o man greed -men and women now that the entire indu tr ha
een taken over fanatic , ma on-influenced and OTH R entitie that have NO u ine eing there. For the
future of the nation it’ time to tart etting thing right and top the raci m and the a u e that ha een
running RAPID and untamed.
Teach our men to R P CT women e it in U A OR over ea . Teach our women to LOV their men in tead of
exploiting.
AM RICA, TOP YOUR INNING.
Anon mou • 6 month ago (#comment-669584)
Let get it traight the average life pan i 77 and 79 toda ’ technolog with genetic engineering coming on quickl
a oomer will go to 100 generation x will go to 125-150. People have to tart acting and thinking dra ticall
different than toda forget retirement and think a out a new career and education at 65 or 80. A college education
at 22 i like going to the time of Chri t in education . If ou graduated in 1975 with a degree in an thing it i ancient
hi tor . The old model of getting married at 25 or thirt having children and working till 65 and itting around till
death at 75 i dead. A k our elf how old wa the la t per on ou went to their funeral? 90, 98, 103? That will tell
ou a out wh the old model i dead .
K R k r • 6 month ago (#comment-669204)
If millennial are tied with a oomer wh i ocial ecurit going roke don’t the pa into ocial ecurit or are
the all ju t prote ter
Anon mou • 6 month ago (#comment-669763)
ecau e ou forget that ocial ecurit worked ecau e the oomer were a much large generation than an
generation efore them. There wa a ver large working population much larger than the enior population.
Ju t ecau e millenial are tied with oomer doe n’t mean there are enough to upport the much larger elderl
population who are the wa living longer. Furthermore, mo t oomer till hold the high ranking well pa ing
po ition while millenial are ju t tarting their jo or till in chool. Millenial are ta ing in chool far longer than
oomer the wa , not onl ecau e knowledge ha advanced ignificantl over the la t few decade , ut al o
ecau e there aren’t man companie clamoring to hire people unlike the ituation of the oomer .
Anon mou • 6 month ago (#comment-669201)
I think the article doe n’t addre the more glaring topic, the po t-millennial generation will e the large t generation
ever.
The are alread at 69 Million.
Anon mou • 6 month ago (#comment-669114)
Milleni