In his new book, The Next America, Pew Research executive vice president of special projects Paul Taylor identifies two key trends that are already reshaping the United States and will continue doing so for decades to come. The first: far greater racial and ethnic diversity, driven largely by immigration. In 1960, the U.S. population was 85% white, 10% black and 4% Hispanic. By 2060 whites will be a minority (43%), while 31% of the population will be Hispanic, 13% black, 8% Asian and 6% other races or ethnicities. As Taylor puts it, “We were once a black and white country; now we’re a rainbow.”
But there’s also going to be a lot more gray in that rainbow. Not only are some 10,000 Baby Boomers turning 65 every day (and will continue doing so till 203o), but Americans are living longer and having fewer children than ever. Result: The nation’s “age pyramid” is turning into more of a rectangle. That poses challenges for, among other things, Social Security. In 1960, near the peak of the Baby Boom, there were 5.1 workers for every Social Security-eligible retiree. By the time the last Boomer retires, that ratio will be down to 2 workers per retiree.
Read it all.
Pew Research Fact Tank–2 key trends looking at Generations in the Next America
In his new book, The Next America, Pew Research executive vice president of special projects Paul Taylor identifies two key trends that are already reshaping the United States and will continue doing so for decades to come. The first: far greater racial and ethnic diversity, driven largely by immigration. In 1960, the U.S. population was 85% white, 10% black and 4% Hispanic. By 2060 whites will be a minority (43%), while 31% of the population will be Hispanic, 13% black, 8% Asian and 6% other races or ethnicities. As Taylor puts it, “We were once a black and white country; now we’re a rainbow.”
But there’s also going to be a lot more gray in that rainbow. Not only are some 10,000 Baby Boomers turning 65 every day (and will continue doing so till 203o), but Americans are living longer and having fewer children than ever. Result: The nation’s “age pyramid” is turning into more of a rectangle. That poses challenges for, among other things, Social Security. In 1960, near the peak of the Baby Boom, there were 5.1 workers for every Social Security-eligible retiree. By the time the last Boomer retires, that ratio will be down to 2 workers per retiree.
Read it all.