Elderly people, ethnic groups to affect US most in future
April 24th, 2008 - 3:02 pm ICT by adminWashington, April 24 (ANI): The demographic patterns of older people and certain ethnic groups will have greater effects on the socio-economic outlook in the US than previously thought, according to a report.
The Public Policy & Aging Report (PPAR) suggests that the Baby Boomer generation and residents of Hispanic and Asian backgrounds will particularly have a noticeable impact on the population growth in the US.
The report authored by William H. Frey, a research professor at the University of Michigan, upends traditional notions of how and where Americans spend their later years.
It says that senior populations will grow fastest in the US over the next 35 years, primarily due to ageing rather than migration.
It further says that in Georgia, the number of the sexagenarian residents will rise by more than 40 per cent from 2010 to 2020 due to the ageing of existing residents, while migrations contribution in this increase will be less than three per cent.
Freys examination also shows that Hispanics and Asian immigrants have dispersed away from the traditional magnets of Los Angeles, New York, Chicago, and Miami to new destinations in all parts of the country. (ANI)
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Tags: april 24, demographic patterns, economic outlook, public policy