The above stats from Census Bureau Projects U.S. and World Populations on New Year’s Day.
Looking ahead to the next decade the percentage of those 60 and over will rise from 23.29% to 25.93%.
Meanwhile, the prime working age population age 20-59 declines from 52.06% to 50.75%.
And this is happening with public union pension plans severely stressed despite huge stock market gains.
Author(s): Mike Shedlock
Publication Date: 3 Jan 2022
Publication Site: Mish Talk