Demographics Archives

Delayed Demography

By Econ70 | 01/12/2012

As standards of living in industrializing nations improve, their population soars. Here’s why. As better sanitation, food and healthcare are introduced death rates in industrializing countries rapidly fall. But, birth rates remain stubbornly unchanged as it usually takes at least a generation for them to decline to the new lower “replacement fertility” rate. This process…

Millenials

By Econ70 | 07/25/2011

The Millennials (born ‘81 and ‘00) are the largest age group in the US, numbering 85 million or 28% of the total US population. By contrast, there are just 79 million Baby Boomers (26%), and 61 million Generation Xers representing 20% of the population and born between ‘64 and ’80. The Millenials, like the Boomers…

Minorities Growing Fast

By Econ70 | 04/19/2011

Demographics 101: Over the past decade the US population has grown by 9.7% to 309m. Minorities accounted for 92% of that growth. The ranks of Hispanics swelled by 43% to 51m. The Asian population grew at the same rate to 15m. Blacks increased in number by 11% to 38m. All minority groups put together jumped…