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Showing posts with the label Population Growth

United States Demographics, Immigration and Economic Growth

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  AGING POPULATION, LABOR FORCE AND ECONOMIC GROWTH The U.S. birth rate is not only below replacement but it is the lowest since records began in 1909. The United States’ population is expected to increase about 10% (30 million people) over the next 10 years; this assumes the recent levels of immigration that are higher than the reduced levels announced by President Trump. Some statistics on the aging of the U.S. population:   .     According to the Census Bureau, by 2030, the number of Americans age 65 and older will have increased by 20 million.    .     At that point, one in five Americans will be 65 or older, which is up from less than one in 10 in 1960.    .     By 2060, the Population Reference Bureau expects the number of Americans 65 and older to more than double from 46 million today to over 98 million.    .     In less than two decades, older adults are set to outnumber kids (under 18) for the first time in US history.      All of the population increase in 10 or 20 years wil