2 Replies Latest reply on Jan 20, 2015 1:41 PM by JerryD

    Millennials Set to Outnumber Baby Boomers

    jkom51

      As always, we live in interesting times:

       

      Millennials Set to Outnumber Baby Boomers

      New York Times JAN. 19, 2015

      Full article: http://www.nytimes.com/2015/01/20/science/millennials-set-to-outnumber-baby-boomers.html?ref=health

       

      (Excerpt)

      " 75 is the approximate number, in millions, of millennials that the United States will have this year. The total of millennials — those born from 1981 to 1997 — will reach 75.3 million, overtaking baby boomers (1946 to 1964) as the United States’ largest living generation.

       

      How does a generation that has stopped enrolling members manage to keep growing? An influx of immigrants, according to a new report from the Pew Research Center. And, of course, members of the boomer generation, currently at 74.9 million, are beginning to die in greater numbers.

       

      But deciding who belongs to which generation is neither an exact science nor a settled debate. While demographers long ago agreed on the dates defining the baby boom, many young people now considered millennials could one day be reclassified into the following generation (whatever we decide to call it).

       

      “In order to do my analysis, I needed to define who is the youngest millennial,” said Richard Fry, a senior research associate at Pew and author of the report. “But it’s not clear yet when the millennials have ended and the next generation began.” "