THERE are now more young adults than there are baby boomers.
From 1947 through 2010, the largest single age group in the United States was born sometime in the 18 years after the end of World War II. In 1947, that was zero years old — babies who had not yet celebrated their first birthday. In 2010, it was 50-year-olds.
But the Census Bureau now estimates that the biggest such group last year was 22-year-olds. The largest of the baby boom contingents, people who were 53 last year, had fallen to fourth place. The second- and third-ranked age levels were 23- and 21-year-olds.
By one measure — the civilian population — baby boomers lost their status only late last year, according to the Census Bureau. But using a broader measure, which includes members of the armed forces who are stationed in the United States, the change took place in 2011.
One might think that the size of any age cohort could only decline as it ages. Some people now 19 will die within the next year, and no new 20-year-olds will be born. But because of immigration, the Census Bureau says, most age groups up to about 40 years old are getting larger every year. As a result, the groups in their 20s are growing, while those of baby boom age are declining in size.
Baby Boomers No Longer No. 1
Continue reading here: http://www.nytimes.com/2014/05/24/business/younger-turn-for-a-graying-nation.html?_r=0
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Filed under Featured, OAA, Policy, Social Security · Tagged with aging, demographics, graying of america, laaac, new york times, ny times, seniors
Very interesting. Happy to hear it, as a PRE-baby-boomer.