Baby boomers: towards the end of an era
Population and Societies
n° 431, February 2007
In industrialized countries, the demography of the last sixty years has been shaped by the baby boom generations, while the next half-century will be marked by their retirement and death. Will it become easier for young people to find jobs? Will the needs of dependent old people place new pressure on resources? By comparing different European countries, Alain Monnier shows that much depends on the scale of the baby boom in each country.
Likewise, residential care capacity for old people will not inevitably be insufficient. Though more numerous, old people are in better health and can delay their entry into a retirement home.
On the other hand, the 20% to 40% increase in the number of deaths will certainly have major consequences for health systems. In parallel, the funerary services sector will experience rapid growth.