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Published by: New Strategist Publications, Inc.
Published: Jul. 1, 2009 - 322 Pages
Table of Contents
- Introduction
- Chapter 1. Attitudes
- Highlights
- Older Americans Are the Happiest
- Belief in Hard Work Is Strong among Younger Generations
- More than One-Third of Gen Xers Are Dissatisfied with Their Finances
- The American Standard of Living May Be Falling
- Two Children Are Most Popular
- Religious Diversity Is on the Rise
- Growing Tolerance of Sexual Behavior
- Television News Is Most Important
- Millennials and Gen Xers Are at Odds over Death Penalty
- Chapter 2. Education
- Highlights
- Boomers Rank Second in Educational Attainment
- Most Boomers Have Been to College
- Boomer Men Are among the Best Educated
- Most Boomer Women Have Been to College
- Among Boomer Men, Asians Are the Best Educated
- Among Boomer Women, Hispanics Lag in Education
- Few Boomers Are Still in School
- Nearly 1.2 Million Boomers Are Still in College
- Many Adults Participate in Education for Job-Related Reasons
- Chapter 3. Health
- Highlights
- Most 45-to-54-Year-Olds Feel Excellent or Very good
- Weight Problems Are the Norm for Boomers
- More than 20 Percent of 45-to-54-Year-Olds Smoke Cigarettes
- Many Middle-Aged Americans Lack Health Insurance
- Health Problems Increase in the 45-to-64 Age Group
- Prescription Drug Use Is Increasing
- Millions of Middle-Aged Americans Are Disabled
- Boomers Are Filling Physician Waiting Rooms
- Many Americans Turn to Alternative Medicine
- Causes of Death Shift in Middle Age
- Chapter 4. Housing
- Highlights
- Homeownership Rate Has Declined
- Homeownership Rises with Age
- Married Couples Are Most Likely to Be Homeowners
- Most Middle-Aged Blacks and Hispanics Are Homeowners
- The Middle Aged Are Most Likely to Live in Single-Family Homes
- Few Middle-Aged Householders Own New Homes
- Housing Costs Are Highest for Homeowner Couples Aged 35 to 44
- Married Couples Aged 45 to 64 Own Costly Homes
- Mobility Rate Falls Steeply in Middle Age
- Chapter 5. Income
- Highlights
- Median Income Is Declining for Households Headed by the Middle Aged
- Household Income Peaks around Age 50
- Among Boomers, Asians and Non-Hispanic Whites Have the Highest Incomes
- Married Couples Have the Highest Incomes
- Median Income of Middle-Aged Men Has Declined
- Men Aged 50 to 54 Have the Highest Incomes
- Women’s Incomes Are Flat through Middle Age
- Earnings Rise with Education
- Poverty Rate among Boomers Is below Average
- Chapter 6. Labor Force
- Highlights
- Labor Force Participation among Older Boomers Has Risen
- Boomers Are a Large Share of Workers
- Among Boomer Men, Blacks Have the Lowest Labor Force Participation
- Hispanic Women Have the Lowest Participation Rate
- More than Sixty Percent of Boomer Couples Are Dual Earners
- Boomers Are Almost Half of Nation’s Managers
- Among Workers Aged 55 or Older, Few Work Part-Time
- Few Boomers Are Self-Employed
- Job Tenure among Boomers Has Declined
- Independent Contracting Appeals to Older Workers
- Most Minimum-Wage Workers Are Young Adults
- Union Representation Peaks among Workers Aged 45 to 64
- Number of Workers Aged 65 or Older Will Soar during the Decade
- Chapter 7. Living Arrangements
- Highlights
- Most Boomer Households Are Headed by Married Couples
- Few Black Households Are Headed by Married Couples
- Boomer Households Are Shrinking
- Most Boomers Are Now Empty-Nesters
- Many Boomers Have Adult Children at Home
- Boomers Account for More than One-Third of People Who Live Alone
- The Divorced Population Peaks in Middle Age
- Regardless of Race, the Middle Aged Are Most Likely to Be Married
- Divorce Is Highest among Men and Women in Their Fifties
- Chapter 8. Population
- Highlights
- Boomers Are the Largest Generation
- Boomers Are Less Diverse than Younger Americans
- Many Boomers Live in Their State of Birth
- The Middle Aged Are a Substantial Share of Immigrants
- Many Working-Age Adults Do Not Speak English at Home
- The Largest Share of Baby Boomers Lives in the South
- Chapter 9. Spending
- Highlights
- Spending Is Climbing for Householders Aged 55 to 64
- Householders Aged 45 to 54 Are among the Biggest Spenders
- Spending of Householders Aged 55 to 64 Is above Average
- Chapter 10. Time Use
- Highlights
- The Middle Aged Spend More Time at Work than at Play
- Chapter 11. Wealth
- Highlights
- Younger Boomers Saw Their Net Worth Increase during the Housing Bubble
- Fewer Older Boomers Own Stock
- Nonfinancial Assets of Younger Boomers Grew between 2004 and 2007
- Debt Increased for Boomers
- Retirement Coverage Peaks in the 45-to-64 Age Group
- Glossary
- Bibliography
- Index
- List of Tables
- Chapter 1. Attitudes
- 1.1 General Happiness, 2008
- 1.2 Happiness of Marriage, 2008
- 1.3 Is Life Exciting, Routine, or Dull, 2008
- 1.4 Trust in Others, 2008
- 1.5 How People Get Ahead, 2008
- 1.6 Geographic Mobility Since Age 16, 2008
- 1.7 Business Ownership, 2008
- 1.8 Social Class Membership, 2008
- 1.9 Family Income Relative to Others, 2008
- 1.10 Satisfaction with Financial Situation, 2008
- 1.11 How Has Pay Changed, 2008
- 1.12 Parents’ Standard of Living, 2008
- 1.13 Standard of Living Will Improve, 2008
- 1.14 Children’s Standard of Living, 2008
- 1.15 Ideal Number of Children, 2008
- 1.16 Spanking Children, 2008
- 1.17 Better for Man to Work, Woman to Tend Home, 2008
- 1.18 Working Mother’s Relationship with Children, 2008
- 1.19 Should Government Help the Sick, 2008
- 1.20 Attitude toward Science, 2008
- 1.21 Attitude toward Evolution, 2008
- 1.22 Religious Preference, 2008
- 1.23 Degree of Religiosity, 2008
- 1.24 Belief in the Bible, 2008
- 1.25 Bible in the Public Schools, 2008
- 1.26 Premarital Sex, 2008
- 1.27 Homosexual Relations, 2008
- 1.28 Main Source of Information about Events in the News, 2008
- 1.29 Political Leanings, 2008
- 1.30 Favor or Oppose Death Penalty for Murder, 2008
- 1.31 Favor or Oppose Gun Permits, 2008
- 1.32 Support for Legal Abortion by Reason, 2008
- 1.33 Doctor-Assisted Suicide, 2008
- Chapter 2. Education
- 2.1. Educational Attainment by Generation, 2008
- 2.2 Educational Attainment of Baby Boomers, 2008
- 2.3 Educational Attainment of Baby-Boom Men, 2008
- 2.4 Educational Attainment of Baby-Boom Women, 2008
- 2.5 Educational Attainment of Baby-Boom Men by Race and
- Hispanic Origin, 2008
- 2.6 Educational Attainment of Baby-Boom Women by Race and
- Hispanic Origin, 2008
- 2.7 School Enrollment by Sex and Age, 2007
- 2.8 College Students by Age and Enrollment Level, 2007
- 2.9 Participation in Adult Education by Age, 2005
- Chapter 3. Health
- 3.1 Health Status by Age, 2008
- 3.2 Average Measured Weight by Age and Sex, 2003-06
- 3.3 Weight Status by Sex and Age, 2003-06
- 3.4 Leisure-Time Physical Activity Level by Sex and Age, 2006
- 3.5 Cigarette Smoking Status by Age, 2008
- 3.6 Alcohol Use by Age, 2008
- 3.7 Illicit Drug Use by People Aged 12 or Older, 2007
- 3.8 Marijuana Use by People Aged 12 or Older, 2007
- 3.9 Health Insurance Coverage by Age, 2007
- 3.10 Private Health Insurance Coverage by Age, 2007
- 3.11 Government Health Insurance Coverage by Age, 2007
- 3.12 Spending on Health Care by Age, 2006
- 3.13 Number of Adults with Health Conditions by Age, 2007
- 3.14 Distribution of Health Conditions among Adults by Age, 2007
- 3.15 Percent of Adults with Health Conditions by Age, 2007
- 3.16 Hypertension by Sex and Age, 1988-94 and 2003-06
- 3.17 High Cholesterol by Sex and Age, 1988-94 and 2003-06
- 3.18 Prescription Drug Use by Sex and Age, 1988-94 and 2001-04
- 3.19 Spending on Prescription Medications by Age, 2006
- 3.20 Difficulties in Physical Functioning among Adults by Age, 2007
- 3.21 Cumulative Number of AIDS Cases by Sex and Age, through 2006
- 3.22 Physician Office Visits by Sex and Age, 2006
- 3.23 Hospital Outpatient Department Visits by Age and Reason, 2006
- 3.24 Emergency Department Visits by Age and Urgency of Problem, 2006
- 3.25 Rating of Health Care Received from Doctor’s Office or Clinic, 2006
- 3.26 Number of Overnight Hospital Stays by Age, 2007
- 3.27 Adults Who Use Complementary and Alternative Medicine by Age, 2007
- 3.28 Leading Causes of Death for People Aged 45 to 54, 2006
- 3.29 Leading Causes of Death for People Aged 55 to 64, 2006
- 3.30 Life Expectancy by Age and Sex, 2006
- Chapter 4. Housing
- 4.1 Homeownership by Age of Householder, 2000 to 2008
- 4.2 Owners and Renters by Age of Householder, 2008
- 4.3 Homeownership Rate by Age of Householder and Type of Household, 2008
- 4.4 Black and Hispanic Homeownership Rate by Age, 2007
- 4.5 Number of Units in Structure by Age of Householder, 2007
- 4.6 Owners and Renters of New Homes by Age of Householder, 2007
- 4.7 Median Monthly Housing Costs by Household Type and Age of Householder, 2007
- 4.8 Value of Owner-Occupied Homes by Type of Household and Age of Householder, 2007
- 4.9 Geographical Mobility by Age, 2007-08
- 4.10 Reason for Moving among People Aged 45 to 64, 2007-08
- Chapter 5. Income
- 5.1 Median Income of Households Headed by People Aged 45 to 64, 1990 to 2007
- 5.2 Income of Households Headed by People Aged 45 to 64, 2007: Total Households
- 5.3 Income of Households Headed by People Aged 45 to 64, 2007: Asian Households
- 5.4 Income of Households Headed by People Aged 45 to 64, 2007:Black Households
- 5.5 Income of Households Headed by People Aged 45 to 64, 2007:Hispanic Households
- 5.6 Income of Households Headed by People Aged 45 to 64, 2007:Non-Hispanic White Households
- 5.7 Income of Households by Household Type, 2007: Aged 45 to 64
- 5.8 Income of Households by Household Type, 2007: Aged 45 to 49
- 5.9 Income of Households by Household Type, 2007: Aged 50 to 54
- 5.10 Income of Households by Household Type, 2007: Aged 55 to 59
- 5.11 Income of Households by Household Type, 2007: Aged 60 to 64
- 5.12 Median Income of Men Aged 45 to 64, 1990 to 2007
- 5.13 Median Income of Women Aged 45 to 64, 1990 to 2007
- 5.14 Income of Men Aged 45 to 64, 2007: Total Men
- 5.15 Income of Men Aged 45 to 64, 2007: Asian Men
- 5.16 Income of Men Aged 45 to 64, 2007: Black Men
- 5.17 Income of Men Aged 45 to 64, 2007: Hispanic Men
- 5.18 Income of Men Aged 45 to 64, 2007: Non-Hispanic White Men
- 5.19 Income of Women Aged 45 to 64, 2007: Total Women
- 5.20 Income of Women Aged 45 to 64, 2007: Asian Women
- 5.21 Income of Women Aged 45 to 64, 2007: Black Women
- 5.22 Income of Women Aged 45 to 64, 2007: Hispanic Women
- 5.23 Income of Women Aged 45 to 64, 2007: Non-Hispanic White Women
- 5.24 Earnings of Men by Education, 2007: Aged 45 to 54
- 5.25 Earnings of Men by Education, 2007: Aged 55 to 64
- 5.26 Earnings of Women by Education, 2007: Aged 45 to 54
- 5.27 Earnings of Women by Education, 2007: Aged 55 to 64
- 5.28 People below Poverty Level by Age, Race, and Hispanic Origin, 2007
- Chapter 6. Labor Force
- 6.1 Labor Force Participation Rate by Sex and Age, 2000 and 2008
- 6.2 Employment Status by Sex and Age, 2008
- 6.3 Employment Status of Men by Race, Hispanic Origin, and Age, 2008
- 6.4 Employment Status of Women by Race, Hispanic Origin, and Age, 2008
- 6.5 Labor Force Status of Married-Couple Family Groups by Age, 2008
- 6.6. Occupations of Workers Aged 45 to 64, 2008
- 6.7 Share of Workers Aged 45 to 64 by Occupation, 2008
- 6.8 Distribution of Workers Aged 45 to 64 by Occupation, 2008
- 6.9 Workers Aged 45 to 64 by Detailed Occupation, 2008
- 6.10 Full- and Part-Time Workers by Age and Sex, 2008
- 6.11 Part-Time Workers by Sex, Age, and Reason, 2008
- 6.12 Self-Employed Workers by Sex and Age, 2008
- 6.13 Job Tenure by Sex and Age, 2000 and 2008
- 6.14 Long-Term Employment by Sex and Age, 2000 and 2008
- 6.15 Alternative Work Arrangements by Age, 2005
- 6.16 Workers Earning Minimum Wage by Age, 2008
- 6.17 Union Representation by Sex and Age, 2008
- 6.18 Projections of the Labor Force by Sex and Age, 2006 and 2016
- Chapter 7. Living Arrangements
- 7.1 Households Headed by People Aged 45 to 64 by Household Type, 2008: Total Households
- 7.2 Households Headed by People Aged 45 to 64 by Household Type, 2008:Asian Households
- 7.3 Households Headed by People Aged 45 to 64 by Household Type, 2008:Black Households
- 7.4 Households Headed by People Aged 45 to 64 by Household Type, 2008:Hispanic Households
- 7.5 Households Headed by People Aged 45 to 64 by Household Type, 2008:Non-Hispanic White Households
- 7.6 Average Size of Household by Age of Householder, 2008
- 7.7 Households by Type, Age of Householder, and Presence of Children, 2008: Total Households
- 7.8 Households by Type, Age of Householder, and Presence of Children, 2008: Asian Households
- 7.9. Households by Type, Age of Householder, and Presence of Children, 2008: Black Households
- 7.10 Households by Type, Age of Householder, and Presence of Children, 2008: Hispanic Households
- 7.11 Households by Type, Age of Householder, and Presence of Children, 2008:
- Non-Hispanic White Households
- 7.12 Households by Presence and Age of Children and Age of Householder, 2008
- 7.13 People Who Live Alone by Sex and Age, 2008
- 7.14 Marital Status by Sex and Age, 2008: Total People
- 7.15 Marital Status by Sex and Age, 2008: Asians
- 7.16 Marital Status by Sex and Age, 2008: Blacks
- 7.17 Marital Status by Sex and Age, 2008: Hispanics
- 7.18 Marital Status by Sex and Age, 2008: Non-Hispanic Whites
- 7.19 Marital History of Men by Age, 2004
- 7.20 Marital History of Women by Age, 2004
- Chapter 8. Population
- 8.1 Population by Age and Generation, 2008
- 8.2 Population by Age and Sex, 2008
- 8.3 Population by Age, 2000 and 2008
- 8.4 Population by Age, 2008 to 2025
- 8.5 Population by Generation, 2008 to 2025
- 8.6 Population by Age, Race, and Hispanic Origin, 2008
- 8.7 Population by Generation, Race, and Hispanic Origin, 2008
- 8.8 Population by Age and Place of Birth, 2007
- 8.9 Foreign-Born Population by Age and World Region of Birth, 2007
- 8.10 Newly Arrived Immigrants by Age, 2008
- 8.11 Language Spoken at Home by People Aged 18 to 64, 2007
- 8.12 Population by Age and Region, 2008
- 8.13 Population by Generation and Region, 2008
- 8.14 People Aged 45 to 64 by Region, Race, and Hispanic Origin, 2007
- 8.15 State Populations by Age, 2008
- 8.16 Distribution of State Populations by Age, 2008
- 8.17 State Populations by Generation, 2008
- 8.18 Distribution of State Populations by Generation, 2008
- Chapter 9. Spending
- 9.1 Average Spending of Total Households, 2000 and 2007
- 9.2 Average Spending of Householders Aged 45 to 54, 2000 and 2007
- 9.3 Average Spending of Householders Aged 55 to 64, 2000 and 2007
- 9.4 Average, Indexed, and Market Share of Spending by Householders
- Aged 45 to 54, 2007
- 9.5 Average, Indexed, and Market Share of Spending by Householders
- Aged 55 to 64, 2007
- Chapter 10. Time Use
- 10.1 Detailed Time Use of People Aged 45 to 54, 2007
- 10.2 Detailed Time Use of Men Aged 45 to 54, 2007
- 10.3 Detailed Time Use of Women Aged 45 to 54, 2007
- 10.4 Detailed Time Use of People Aged 55 to 64, 2007
- 10.5 Detailed Time Use of Men Aged 55 to 64, 2007
- 10.6 Detailed Time Use of Women Aged 55 to 64, 2007
- Chapter 11. Wealth
- 11.1 Net Worth of Households by Age of Householder, 2004 to 2007
- 11.2 Financial Assets of Households by Age of Householder, 2004 and 2007
- 11.3 Financial Assets of Households by Type of Asset and Age of Householder, 2007
- 11.4 Stock Ownership of Households by Age of Householder, 2004 and 2007
- 11.5 Nonfinancial Assets of Households by Age of Householder, 2004 and 2007
- 11.6 Nonfinancial Assets of Households by Type of Asset and Age of Householder, 2007
- 11.7 Household Ownership of Primary Residence by Age of Householder, 2004 and 2007
- 11.8 Debt of Households by Age of Householder, 2004 and 2007
- 11.9 Debt of Households by Type of Debt and Age of Householder, 2007
- 11.10 Retirement Plan Coverage by Age, 2007
- 11.11 Ownership of IRAs and 401(k)s by Age, 2005
- 11.12 Participation in IRAs and 401(k)s by Age, 2005
- 11.13 Retirement Planning by Age, 2009
- 11.14 Changes in Retirement Confidence by Age, 1999 and 2009
AbstractThe sixth edition of The Baby Boom: Americans Born 1946 to 1964 is a definitive reference by a nationally recognized authority on the Baby Boom. Here author Cheryl Russell, a noted authority on the Baby Boom, analyzes the demographic and spending data you need to fully understand this huge and influential generation that now faces an historic economic downturn just as it approaches retirement.
Most of the Baby Boom’s 76 million members are in their peak earning years, and they still spend more than any other generation on most products and services. At the same time, the economic downturn has driven home the fact that Boomers may have to endure an old age with inadequate health care and meager incomes. How can businesses and government serve their needs? The Baby Boom is your guide to this all-important but beleaguered generation.
The Baby Boom: Americans Born 1946 to 1964 is designed for easy use. It is divided into eleven chapters, organized alphabetically—Attitudes, Education, Health, Housing, Income, Labor Force, Living Arrangements, Population, Spending, Time Use, and Wealth.
New to this edition is a chapter on attitudes based on data from the 2008 General Social Survey. Also in this volume are the latest statistics on the labor force participation, living arrangements, incomes, health (including new tables on the use of alternative medicine), spending, and wealth of the Baby Boom generation.
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