encouraged by social isolation, depression, environment, and a lack of knowledge in how to cope. The baby boomers are the current generation of elders who grew up through the 1960’s and 1970’s, a period of realization regarding alcohol and drugs. Since that time, alcohol and drug use has been monitored due to the significant identification of increased rates of substance use disorders. Although the baby boomer generation of people 65 years and older is only 15% of our population, they account…
important anti-poverty programs in the United States providing millions of Americans that can no longer work with a financial security safety net. However, the system faces some financial challenges as the largest generation in American history, “the baby boomers” begin to retire. When Social Security was enacted in 1935, life expectancy after 65-year-old was only 12.5 years. Today, average life expectancy is approximately 85- years old. As beneficiaries live longer and the number of…
up of individuals born between 1995 and 2012. Next, there is Generation Y, also known as Millennials, and they were born between the years of 1977 and 1994. Then there are the Boomers 2, also referred to as Generation Johns, and they were born between 1955 and 1965. The next classification is the Boomers 1, or the Baby Boomers, who were born between 1946 and 1954. The individuals that were born between the years of 1922 and 1927 fall into the classification of the Post-War Cohort. Then there is…
of people are reaching the retirement age and ready to collect, and within those millions are the many baby boomers. The baby boomers are what will be Social Security’s achilles heel. The oldest of the boomers, born in 1946, have been steadily reaching retirement age since 2012. Now that seems very normal yet a more interesting statistic states otherwise: Every year after 2014, 10,000 new boomers will be retiring per day. The number of workers supporting one OASDI beneficiary will drop rapidly…
long been a cornerstone of the American life. However, in the more recent years, there have been problems arising with the funding of the social security, with the Social Security Trust Fund to be completely depleted by 2033, and the number of Baby Boomers far outweighing the number of Generation X’ers and Millennials alike. So what are some challenges facing America’s Social Security program today and what can our government do to reform social security? There are many different options, but I…
and helpful to the article. In order to understand why a skilled labor shortage could appear in the U.S economy, we must first identify at a large, well-educated group of workers who are exiting the labor force. The impending retirement of the baby boomers could create…
break ground. The oldest generation is referred to as the Silent (e.g. mature or traditional) generation; a group of workers who are typically deemed as cautious and disciplined (Stark & Farner, 2015). The Silent generation is followed by Baby Boomers whom are babies born after the end of World War II and lasting two decades past this date terminating in approximately 1964. The third generation is Generation X. These are individuals who…
different impact on history, which contributes to its name. Millennials follow the path of Baby Boomers and Generation X. 2. Millennials were born in the years of optimism and came of age in a time of crisis. 3. Due to the circumstances of today’s world, Millennials are different than previous generations in that instead of wanting material goods they want experiences. Growing up I heard the names Baby Boomers, Generation X, etc. for previous generations. It was not until my late teens I heard…
Technology use is on a high rise, and has been for years now, and it isn’t just being used by the younger generation, as it usually does when changes first occur, most of the Australian population uses any sort of technology, For example, most people use Google, they also tend to self diagnose them self when it comes to health issues, instead of going to the doctors straight away. The healthcare industry itself has gone through many changes over the years; there have been several advances in…
of these changes and saw how it affected and changed literature during this time period. We saw how World War I effected literature in the first part in the 1920's and 1930's, We also studied the post-modernist movement and saw how WWII and the baby boomers effected literature in the 1950's and 60's. First, we studied and saw how literature changed in the 1920's and 1930's. This time period in literature was right after the first major world war and on the heels of the great depression. This…