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baby boom |
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baby boomIn the U.S., increase in the birth rate between 1946 and 1964; also, the generation born in the U.S. during that period. The hardships and uncertainties of the Great Depression and World War II led many unmarried couples to delay marriage and many married couples to delay having children. The war's end, followed by a sustained period of economic prosperity (the 1950s and early 1960s), was accompanied by a surge in population. The sheer size of the baby-boom generation (some 75 million) magnified its impact on society: the growth of families led to a migration from cities to suburbs in the postwar years, prompting a building boom in housing, schools, and shopping malls. As the “boomers” reached young adulthood in the 1960s and '70s, their tastes in music and their hair and dress styles strongly influenced the national culture, and the political activism of some contributed to the unpopularity of the Vietnam War. As they aged and prospered in the 1980s and '90s, their buying habits determined the course of many consumer industries, including automobiles. The needs of baby boomers during their retirement years were expected to strain public resources. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Erickson (Executive Officer of The Concours Group), and Robert Morison (Executive Vice President of the Concours Group), Workforce Crisis: How To Beat The Coming Shortage Of Skills And Talent is an expert study of the baby-boom generation who are now nearing retirement, and the declining birth rates of coming generations, and what effective tactics and strategies might most effectively be utilized in assessing the impact on the general workforce available to the business community. The increase was attributed to the continuing growth of the Antelope Valley and the influx of students dubbed ``Tidal Wave 2'' -referring to children of the baby-boom generation. MINT makes projections of the income of the baby-boom generation in retirement using a number of sources of panel data. |
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