|trendSCAN May 2007|
|Written by Administrator|
|Wednesday, 22 April 2009 12:29|
In This Version:
Just a reminder: Demographics reflect reality!
California’s Youth: Portrait of Nation’s Future
New America Media (NAM), the country’s first and largest national collaboration of ethnic news organizations was established in 1996 by nonprofit Pacific News Service and not surprisingly is located in California.
An extensive survey of 16 – 22 year olds in California conducted for New America Media paints a picture of what the future of California and the rest of the nation will be. Take a look at the findings…
One in eight of the nation's young people lives in California.
1st Global Society in the United States
California's young people, are strong believers in the American Dream
Most Important Issues for Them: Local NOT Global
Differences on Basis of Racial and Ethnic Groups
Sources of Stress
Young Californians embrace the state's increasing diversity in concept and in practice.
Positive image of their “physical and mental health” but there are important differences by gender, race and ethnicity.
About the Survey Itself
A total of 601 interviews were conducted between October 6th and November 15th, 2006. All interviews were conducted in English by professionally trained interviewers via cell phone.
All respondents were offered an incentive for their participation in the poll. Because most cell phone plans charge based on minutes of airtime, a “polling incentive” of $10 was offered so that respondents did not feel they were wasting their minutes and money by taking part in the poll.
Boomers and Immigrants: Futures Tied Together
What do baby boomers and immigrants to the United States have in common? Well, a quick look at them makes it appears as if they have little in common. One group is getting older and the other group is quite a bit younger but the reality is that the future of these two groups is inexplicably linked together.
Between 1990 and 2005, blacks and Hispanics, including immigrants, made up 80% of the population growth in this country. These same two demographic groups were responsible for almost all of the population growth among people 45 and younger which represents the younger end of the work force.
Consider some of the following scenarios?
Dowell Myers, a demographers at USC, has written a book titled Immigrants and Boomers: Forging New Social Contract for the Future of America. A central premise of this book is that the economic futures of these two groups how these groups will have an impact upon just about everything – medical care services, home prices, and other significant factors of American life.
According to Myers, in California, there were 9.7 million baby boomers between the ages of 40 and 49 in 2005; this accounted for 51 percent of the prime working-age population. By 2020, this same group will be 55 to 74 years of age and on the brink of retirement.
Ron Crouch, director of Kentucky's State Data Center at the University of Louisville,
In California, 11 percent of African-American and 9 percent of Hispanic fourth-graders are proficient in reading, compared with 36 percent of their white peers. The achievement gap widens as children progress through high school and it is projected that only slightly more than half of all blacks and Hispanics graduate from high school in four years, compared with 78 percent of whites.
Prof. Myers's studies reveals additional information about homeownership patterns in this country as well. In 2000, 2 of every 10 surnames purchasing homes were Spanish and by 2005, five short years, that number has risen to 4 of 10.
What’s good for this younger, predominantly Hispanic and immigrant population is good for the nation’s economy.
(Source: The Wall Street Journal, May 15, 2007)
Possible Generational Shift: Boomers less healthy than their Parents
Since we know that boomers aren’t aging in the same way as their parents and they have a strong preference for being/remaining youthful, an initial assumption was that this would be the first older generation in this country to be healthy in their later years.
However, there appears to be growing evidence suggesting that the reverse is true and that this may be the first generation to enter their golden years in worse health than their parents. While the data only suggests this shift, it is readily apparent that this group is not the health-oriented, workout fans that we once believed them to be.
The good news is that boomers are healthier in a number of important ways as they are much less likely to smoke than previous older Americans. However, surveys reveal that they describe themselves less hale and hearty than their parents and grandparents did at the same age. They are more likely to report:
A federally funded Health and Retirement Study that tracked more than 20,000 U.S. adults as they move through middle age toward retirement found that this first wave of baby boomers appeared to report poorer health than groups born between 1936 and 1941, and between 1942 and 1947. Results from this survey suggested that boomers were:
In some ways, this emerging pattern should come as no great surprise based upon more recent findings of unhealthy trends including obesity. With two-thirds of Americans being overweight, it follows that the extra weight impacts joints, cholesterol and blood pressure, and raise the risk of other debilitating health problems. This pattern is reinforced by the fact that gym memberships aside, boomers are likely to be less physically active than their parents and grandparents with their daily routines often dominated by desk jobs and the drive to and from work.
Other factors contributing to this health shift may be stress and social isolation. Boomers report having more stress than earlier generations and the increased demands of commuting, less support from extended families may result in less time to care for themselves and less social and community interaction.
On the flip side of the picture there are researchers skeptical about this shift in health among the aging population in the United States. Life expectancy in this country has continually and consistently increased and has been accompanied by a decline in disability rates. Skeptics say increasing rates of chronic disease may relate to early diagnosis which could result in people living longer lives with less disability since these conditions are being treated sooner than with previous generations.
(Source: Washington Post, April 20, 2007; Page A01)
Generation Gap: Wealth
As if there weren’t enough gaps between generations, there appears to be still another one to add to the list – wealth. According to a recent article in USA Today, the median net worth of Americans ages 55 to 64 has increased to nearly $250,000 while the reverse has occurred for those in their late 30s as their median net worth has dropped to about $50,000.
USA Today analysis of federal government data suggests that the growing gap between the rich and the poor may very well be related to generational divides. Most of the wealth generated in the past 15 years or so has been among Americans ages 55 and over. During this same time period, younger groups of Americans particularly those in the 20s through 40s have just managed to keep pace with inflation.
While older adults have always been wealthier that younger people just by virtue of time to accumulate such resources, the extent of the differences in wealth is what causes the concern.
(Source: USA Today, May 21, 2007)
TIPs (Trends into Practice)
Demographics are our reality. Take heed and make changes accordingly – now rather than later.
|Last Updated on Friday, 24 April 2009 13:13|