2023 is a tipping point:
For the first time, the 65+ population outnumbers the under-15 population.
New projections from the Census Bureau suggest that, by 2100:
* 65+ population will be 51% of the working-age (15-64) population
* Under-15: just 24%
#jbrec
#demographics
I realize that, by 2100, we're going to have to redefine these dependency ratios -- there will be many more people working past the age of 65 than today.
But this perspective is staggering.
@DemographChris
Interesting. Baby boomers made comfy lives for themselves and created artificial scarcity that may blow up on later generations. Housing supply needs to go up and cost of living needs to go down to maybe encourage couples to start a family.