We've levelled off out-of-wedlock births by entering into a major baby bust
The millennial generation is bigger than the baby bust
generation, and it's possible that sales to young adult consumers are increasing because more young adults are getting steady jobs, having children, buying homes, and going through other life events that have led to an increase in interest in buying life insurance.
During the baby bust
period, the arrival of modern birth control methods cut the number of babies born in the United States each year by about 25 percent from the baby boom level.
The baby boom generation is now in retirement age, and the far less numerous baby bust
generation of the 1970s and 1980s are the ones now working to support the larger population of children and the elderly.
Squeezed between the much larger cohorts of the Boomers and the Millennials, Gen Xers--also known as the Baby Bust
Generation--find themselves saddled with a great deal of responsibility as they enter middle age and the height of their professional careers, especially when it comes to caring for both their aging parents and their own children.
The others were the 1810s and the 1930s, the latter of which had the good excuse of having a Baby Bust
instead of a Boom.
THE BABY BUST
is going to hurt your business in many categories.
If there is a middle way between the baby boom and baby bust
, it's provided by Indonesia, which has seen a gradual fall in fertility, now around the long-term stabilization level.
Meanwhile, the next generation--Generation X--was a baby bust
BIEBER'S BABY BUST
UP WE may finally find out who's the daddy as teen idol Justin Bieber has agreed to take a paternity test.
Although common to all parts of Canada, this passage from baby boom to baby bust
was more pronounced in Quebec.
The pool of people behind them, the baby bust
generation, is much smaller.