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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.
Post–World War II baby boom : Although the answer of when it happened can vary, most people agree that the baby boom occurred around 1946 and 1964. [24] This generation of "baby boomers" was the result of a strong postwar economy, in which Americans felt confident they would be able to support a larger number of children.
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]
A baby boomer putting money into a piggy bank. Following the Second World War, baby boomers benefited en masse from the economic boom that followed, with the U.S. coming out of the war as the true ...
The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...
Baby Boomers. Next up is the baby boom generation, born from 1946 to 1964, whose name can be attributed to the spike in births — or “baby boom” — in the U.S. and Europe following World War II.
Media coverage of Generation Jones typically has described it as a distinct generation, using Pontell's dates. [2] [3] Others see this as a subset of the Baby Boom Generation, primarily its second half. [4] [5] A third view is that Generation Jones is a cusp or micro-generation between the Boomers and Xers. [6]
Baby boomers are the wealthiest generation to have ever lived, ... with an annual savings rate of 10% over 40 years will have generated lifetime savings of more than 850% of their disposable income.