![]() These were all relatively advanced countries with rapidly expanding economies, rising living standards and serious labour shortages. The period from the end of World War II to the mid-1960s has come to be known as the baby boom in Australia and in several other countries including New Zealand, Canada and the United States of America. (SEE ENDNOTE 1) This article provides a summary of that analysis and discusses some of the economic and social factors contributing to the baby boom and subsequent trends in births and fertility in Australia. Infant and child health, education, housing and employment are some of the areas of social policy and service provision that have been most affected as the large cohorts of the initial boom (1946-1965), and its first echo in the early 1970s, have progressed through the life cycle.Ī cohort analysis of fertility in successive generations of women was undertaken recently by the ABS to find out whether a second echo was likely to occur. ![]() Australia's post-war baby boom is such an event. In turn, significant population events can have far reaching effects on social and economic conditions and on people's wellbeing and attitudes. Mother's Day 2004 and National Families Week: ABS (Media Release)įollowing 40 years of declining fertility, echoes of Australia's post-war baby boom are barely discernible in 2002.Ĭhanges in the size and composition of the population, the rate of change, and the way in which change comes about, are to some extent a product of the prevailing economic, political and social conditions, and societal values of the time.Australian Social Trends - Australian Capital Territory Snapshot (Media Release).Australian Social Trends - Northern Territory Snapshot (Media Release).Australian Social Trends - Tasmanian Snapshot (Media Release).Australian Social Trends - Western Australia Snapshot (Media Release).Australian Social Trends - South Australian Snapshot (Media Release).Australian Social Trends - Queensland Snapshot (Media Release).Australian Social Trends - Victorian Snapshot (Media Release).Australian Social Trends - New South Wales Snapshot (Media Release).Australian Social Trends to present a smorgasbord of stories - for release next Tuesday (Media Release).Australian Social Snapshot Against a Backdrop of Change (Media Release).Federal and state governments shall find a way to fund the social security system before it is too late.Page tools: Print Page Enable Javascript to Print Pages Print All It is crucial for boomers to get less benefit after their retirement. More and more people rely on social security benefits for their retirement. So, how can our government deal with this crisis? How can boomers prepare their retirement life? It is a big issue both for our government and retirees. Report says our social security system may run out of money in 2017. When baby boomers become old, it’s a big trial to our social security system, which needs to evaluate if the system has sufficient funds to satisfy all those baby boomers. However, anything has its dual characters. There are more than 78 million boomers are going to retire in next 15 years and it gives big pressure to our social security system.įrom the 1950s to 1960s, it may be good for society at that time since more people meant more businesses. I remember I saw a piece of news mentioning that the first baby boomer filed early retirement on Oct 15, 2007. ![]() Many of revolutionary ideas which began by Baby Boomers are still continuing to develop these days.Ĭhina’s Mao said “Many hands make light work.” Yes, but more people also mean more resources need to be prepared for these people. Boomers’ new ways of thinking affected education, lifestyle, laws and entertainments. There was a movement to get away from conservative 1950’s and eventually resulted in revolutionary ways of thinking and actually changed the hackneyed American life. As baby boomers became teenagers and young adults, they wanted the society to be changed. Finally, when they get older, and become elderly, there will be more nursing homes. ![]() ![]() And as time passes, the baby boomers will grow and the market will lean more into teenager interests such as bags, club, and so on. First, the market has greatly impacted by the baby boom because as more babies born, there will be more baby supplies and more hospitals for babies. This event is very important because it changes the market and the society. You can see the graph on the right side of the post how it grew dramatically in that time period. According To Wikipedia, there are an estimated 78.3 million Americans who were born at this time period. The term “Baby Boom” usually refers to the dramatic post world war ll baby boom between 19. The Baby Boom appeared when the s oldiers came back to their home from the war. ![]()
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