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Demographics/Population: Generations
The various ways and date ranges that generations are referred to:

The Greatest Generation (born 1901-1925)
Silent Generation (born 1926-1944), (1925-1942), (1933-1945)
Traditionalists born before 1946
Boomers (born 1945-1962), Baby Boomers (1946-1964), (1943-1960), (1946-1955)
GenX (born 1963-1980) Generation X (1965-1981), (1965-1976), (1961-1981)
GenY (1979-1994), (1977-1994), (1989-1993) Gen@ (born 1981-2002), Millennials (1982-2000)

Regionally distinctive differences in the demographic relationship between younger and older generations continue to evolve, with some areas seeing high "child dependency" ratios and others relatively high "elderly dependency" ratios, placing different pressures on those respective communities. Twenty states increased their child populations, while thirty showed declines.

While a massive aging movement of the U.S. population is clearly at hand, a selective youth movement in also taking place in some parts of the country. Employment growth and relatively affordable housing in many parts of the South and West attracted younger families with children during the 2000s. Fully 20 states registered gains in their child (under age 18) populations from 2000 to 2008, led by Nevada, Arizona, Utah, Georgia, Texas, and North Carolina.[...] At the same time, slower growing areas in the Northeast and Midwest experienced fewer births and higher out-migration of their younger population segments. Thirty-one (31) states and the District of Columbia showed absolute declines in their child populations, with New England and industrial portions of the Midwest and Northeast leading the way.[...] The twin patterns of aging and "young-ing" of the American population contribute to regionally distinct dependency ratios, which reflect the level of support that the working-age population can provide to retirees or children. [In] metro areas with the highest child dependency ratios [...] with more than four children for every 10 working-age adults, the needs of families with children come more to the fore. Alternatively, [in] places with the highest age (elderly) dependency ratios [...] with more than two seniors for every ten adults, and ratios sure to rise in the future, the concerns of aging populations will increasingly take center stage [...] One of the distinguishing features of U.S. population is the juxtaposition of its racially and ethnically diverse young population and its largely white older population. These differences will become more muted over time as younger generations age into adulthood and, eventually, into middle and old age. (pp. 83-84).

Frey, W. (2010). Age. In State of metropolitan America: On the front lines of demographic transformation (chapter IV). Retrieved from [posted 06/29/2010]

Generation Y (also called the Millennial Generation), born between 1982 and 2002, is reported to be between 72 to 81 million strong in the U.S. and is just as large as the baby boom generation. This generation is predicted to make up the bulk of the US population within 20 years.

As employees born between 1943 and 1964 begin planning their exit from the work force, many of their successors will come from the generation of 81 million born between 1982 and 2002.

MARCH 8, 2007, Millennial Generation Won't be Much Like Baby Boomers, by Mary Pickels, Pittsburgh Tribune-Review,

As children of the baby boomers, this group is predicted to make up the bulk of U.S. population within 20 years. Experts say Gen Y ranges in size from 72 million to 78 million people nationwide and 2 billion worldwide. Factor in the young immigrant population, and the group grows even larger. According to a 2005 study by RMG Connect, an international specialist in relationship marketing, one in three echo boomers is non-Caucasian, one in four is from a single-parent home, and three in four have working mothers.

OCTOBER 1, 2007, Inside the Mind of Generation Y, by Michelle Hofmann, Realtor, [posted 3/3/2008]

Comments? Concerns? How are these demographics and population trends influence your agency? Give us your input:

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