Demographics, Statistics etc.

Re: Demographics

Postby winston » Sat Jun 18, 2016 9:27 am

More Kids Now Live At Home Than Since The Great Depression

By Harry S. Dent Jr.

We all know the situation in the markets is dire.

Like, really, everyone knows.

There’s an old phrase from Margaret Thatcher’s day (and mine, I suppose) that has recently come back into use: there is no alternative.

There’s even an acronym: TINA.

That’s quant and all, but this meatily numbered piece shows the heart of what that phrase means.

There is no alternative, the markets will correct. They have to, regardless of how hard the Fed fights.

We’re long overdue, and the heart of this piece is the fact that we haven’t been here, in this way, since a year or so after the Great Depression.

More 18- to 34-year-olds are now living with their parents than at any time since 1960,
when the number hit an all-time low of 20%.

It’s now jumped up to 32.1%, and is as high as 36% for those with a high school education or less. The number jumped to 28% in 2007, with the Great Recession catapulting it to 32% in just seven years.

For the first time in history, living with parents has surpassed living with a spouse or partner, with over 30% of children now living with parents, as the chart below from Pew Research shows. Fourteen percent live alone or as a single parent, with more women at 16% than men at 13%.

See larger image

The “other” category includes living with siblings, friends, and grandparents, or in dormitories.

The reason for this long-term trend is the decline of romantic coupling, and couples – once they do form – holding off on tying the knot.

The median age of marrying couples rose from 21.3 years old (22 for men, 20 for women) in 1956 to 27.8 today (28.3 for men, 27.2 for women). It has jumped two years just since the Great Recession of 2008.

Twenty percent today have never married and Pew says that 25% of adults will never get married… at any age! Financial security and a steady job are prime reasons for the holdouts. Men with only a high school education, or less, see 23% never married versus 17% for women.

For those with a high school, or less, education, it’s 25% versus post grad degrees at 14% for men, and 20% and 16%, respectively, for women.

With higher joblessness, the rate of unmarried men sits at 36% for blacks and 26% for Latinos. Asians are at 19% and whites at only 16%.

There was only one time in modern history where a higher percentage of kids lived with parents and that was 35% in 1940 – in the late years of the Great Depression.

I am confident this rate will exceed that in the Great Depression ahead by 2022.

Not surprisingly, divorced people have less interest in marrying again than people who have never gotten married in the first place. Almost half, or 45%, say “no thanks” to ever getting married again.

The most telling charts are the following ones. The most dramatic shift has come from non-college grads, falling from 60% of those married or living together in 1960, down to 27% in 2014, with 36% living with parents.

For the college-educated, people who were married or living together peaked in 1960 at 79% and has declined to only 46%, with 19% living with parents.

See larger image

This brings us squarely back to the trend in rising income inequality since the mid-1970s that I have covered in so many articles… and in Boom & Bust.

This continues to be one of the leading issues in politics and social trends today – and it will reverse in the great depression and spring boom to follow.

Source: Economy & Markets
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Re: Demographics

Postby behappyalways » Wed Jun 22, 2016 12:03 pm

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Re: Demographics

Postby winston » Thu Jul 07, 2016 7:58 am

The World Is Way Better Than You Think

By Peter Diamandison

Source: Singularity Hub

http://www.mindpowernews.com/WorldCharts.html
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Re: Demographics

Postby winston » Wed Jul 13, 2016 2:11 pm

The Richest Generation in U.S. History Just Keeps Getting Richer

These affluent Americans retired and then continued to get richer.

That’s quite a feat when you’re no longer working, particularly against the backdrop of the mediocre stock market of the early 2000s.


Retirees face many risks: They could live longer than expected and then face huge health-care expenses or higher-than-expected inflation. And the market could crash again.



Source: Bloomberg

http://finance.yahoo.com/news/richest-g ... 24640.html
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Re: Demographics

Postby behappyalways » Thu Jul 14, 2016 12:43 pm

Japan’s Population Falls by Most Since Records Began in 1968
http://www.bloomberg.com/news/articles/ ... an-in-1968
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Re: Demographics

Postby winston » Fri Jul 15, 2016 8:59 am

Forget Brexit… this is the biggest economic problem our children will face

by Kim Iskyan

For the first time in human history, we are arriving at “peak youth” – the number of people over the age of 30 outnumbers those who are under the age of 30.

And the number of people who are 65 or older are likely going to outnumber children under 5 years of age by 2020.


Global life expectancy is expected to reach 77.1 years by 2050, compared with 48 years in 1950. That means over a period of 100 years, life expectancy will have climbed by 29 years, or 60 percent.

The global population of those 60+ years is expected to grow to 2.1 billion, compared with 901 million today.

Asia will account for two-thirds of the increase in old people.

China will see the biggest increase in the world, with 21 percent of the world’s increase in 60+ year-olds.


A country’s support ratio is the ratio of its working age population (15-64 years) to its old-age population (65+ years). It reflects how many workers “support” – via an economy’s social support system – old people.

The global support ratio has steadily fallen, from 12:1 in 1950, to 8:1 in 2013.

In developed economies it stood at 4:1 in 2013.

Meanwhile, fewer new workers are entering the workforce. The support ratio in developed economies is expected to fall to 2:1 by 2050.


Source: True Wealth Asia

http://thecrux.com/forget-brexit-this-i ... will-face/
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Re: Demographics

Postby winston » Wed Jul 20, 2016 7:28 am

Aging Populations

Much farther ahead for some is the elderly challenge, with countries carrying proportionately more old people but many in shape to keep working.

Women live to 80-plus on average in China yet the retirement age for female civil servants is 55. Is that too early?

From 2030, the retirement age in Germany will increase to 67. In the United States there's no statutory retirement age but people only start to receive pensions at 67.

In Singapore the Central Provident Fund takes 40 percent of a salary - 17 percent from an employer, 23 percent from an employee - so people should not fret about retirement.

In Hong Kong, mandatory provident fund rates are too low. We don't have a statutory retirement age and we don't have pensions.

Source: Dr Check, The Standard
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Re: Demographics

Postby winston » Fri Aug 12, 2016 9:01 am

More Old Than Young: A Demographic Shock Sweeps the Globe

By 2030, 56 countries will have more people aged 65 and over than children under 15

by Sunny Oh

Source: Bloomberg

http://www.bloomberg.com/news/articles/ ... 081116_BIZ
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Re: Demographics

Postby behappyalways » Fri Aug 12, 2016 1:44 pm

More Old Than Young: A Demographic Shock Sweeps the Globe
http://www.bloomberg.com/news/articles/ ... -the-globe
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Re: Demographics

Postby behappyalways » Mon Aug 29, 2016 4:52 pm

The lonely men of China's 'bachelor village'
http://www.bbc.com/news/world-asia-china-37192818
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