Millenials have overtaken Babyboomers by nearly 4 million to become the largest generation in the United States. With a current population of around 79 million, the Millenial generation is expected to grow to 81 million over the next 20 years because of migration, according to the US Census Bureau's latest estimates.
The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size, financial security, and general health of each generation shapes everything from marketing campaigns to insurance and social welfare benefits to transportation and health services planning.
The US economy has extensive influence on global economic dynamics. Download our US Economy Data Brief to stay up to date with easy access to the most critical data from leading sources.
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Between 1970 and 2015, the median age of the World's total population grew substantially from 21.54 to 29.6 years rising at an increasing annual rate that reached 3.90 % in 2015. By 2100, the median age is expected to further grow to 41.6 years.
Just as governments struggle to simultaneously address obesity and hunger, the world’s population continues to grow ... and shrink. The United Nations estimates that between 2015 and 2050 49 countries will experience population declines even as the total world population reaches 9.77 billion. Moreover, in all but two countries the ratio of old population to working-age population will increase by 2050, and an estimated 135 countries will experience fertility rates below replacement rates. While demographic changes usher in consequences for businesses and governments alike, in today’s Viz of the Day we explore the implications for...
HelpAge International has created the Global AgeWatch index to give voice to older people in defining the post-2015 UN sustainable development goals. This index assesses 96 countries worldwide on how well they provider their aging populations with decent, active, and healthy lives and enable policymakers to make the necessary steps to improve the well-being of older people. The welfare of older people globally is important not only because of the expected growth of this age group in the decades to come but because people do not stop developing when they reach ago 60. Older population have the same rights as younger people to live in...