The state of Vermont is currently experiencing an odd population scenario, where the population is decreasing and the average age is rising. Today, the average age of a Vermonter has reached 55 years old whereas; the national average is 38 years old (McKinsy, n.d.). Nationally, Millennials are beginning to outnumber Baby Boomers however, not in Vermont. This is a direct correlation to the cost of living, as Millennials entering the workforce find it too expensive to live in Vermont, proof being that Vermont is in to the top most expensive states to live in the United States (Woolf, 2017). As a result, Millennials are moving elsewhere, and beginning their families as their careers progress in their area of relocation. To mitigate this trend
All the drastic changes that the world has been through, and Carr and Kefalas show that in their writing. These changes at some time made the current town, were they live, a thriving and prosperous place. People would move from their towns to these prospering communities to seek out the benefits that were offered. Many of those small towns are slowly fading into the background because of the modern world changes that big and upcoming cities that offering. These changes are creating new jobs and environments for the youth that are looking for change in the small towns that once were big and thriving, are now filled with the older generation that don’t want to make the change. They are looking to keep things consistent with the life they have been living; some changes in their eyes are not good, they are just creating problems. In Carr and Kefalas’s article they write about living in a small town called Ellis in Iowa. Carr and Kefalas talked to an employee working at a new factory in Ellis, “A machine operator living in Ellis complains about the strugglers facing old-fashion workers who find themselves trapped in a newfangled economy” (33). People living in small towns are unlikely to adapt to new changes, but are having to because of companies starting new factories in their community. This new technology is bound to change the life of older generation parents, whether they choose to stay in their small town lifestyle or move to
Not So Much”, explains how Generation Y is not necessarily lazy, but rather conforming to fit changing times and a changing system. Her degree in journalism from Princeton, and experience in writing about economics, politics and data-driven journalism, more than qualifies her for writing about such a topic. I was one of those people who believed that today’s generation is too dependent on their parents, always looking for a hand-out and have a sense of entitlement. After reading this, I now have a slightly different opinion about Millennials. Of course, there will always be slackers in every generation whether past, present or future, but there is always more than what meets the eye. Just because someone may not spend their forty-hour work week all in the office, does not mean that they are working any less, but that because of today’s technology they can work from almost anywhere. As for the amount of graduated college students that return to live at home with their parents, it is not necessarily because they are too apathetic to go out and support themselves, but rather the reason being the high unemployment rate among sixteen to twenty-four year olds. After the Great Recession in 2009, many Millennials either lost their jobs, or were simply unable to find one after graduation. While I was raised to believe that if you wanted something, you worked for it, I truly hope that today’s generation is still
Jacobsen, L. A., Kent, M., Lee, M., & Mather, M. (2001). America's aging population. Population Bulletin, 66(1).
Understanding the basic concept of minimum wage is important for every single individual. We all live in this world together and it is obvious that there is an order. In order to continue our lives and afford our basic needs, we all need to work and gain wealth. As the old adage says ‘‘There ain’t a such a thing as a free lunch.’’ We need to give up on something that we like to get something else that we like. That’s why, every single individual in the society face trade-offs. However, people have different status. Some people work as employees and some work as employers. In that case of minimum wage the trade off is between employees and employers. Employees work for employers in order to gain money and afford their minimal living expenses whereas employers give up on their money and pay for employees because employers take care of their need of labor. Employers pay for their workers who we call employees and employees gain hourly money. The calculated minimum money that they gain in an hour base called minimum wages. Besides, there is this cycle that everyone actually works
An aging population is indeed a problem for the society and will possibly cause many social and economic difficulties in the future. According to David Foot (2003), professor of Economics at University of Toronto, an effective birth rate of 2.2% against current 1.75% will be necessary to replace the current work force in the near future and the government’s policy of bringing in more immigrants will eventually fail (Foot, 2003, 2). However some people predict that the increased size of an aging population will drive growth in the home, health care, and many other industries resulting in job creation and economic growth (Marketwire, 2013, 1). Majority of the people are of the opinion that the issue will be mainly in the health care and economic activity. As humans age, they start to develop health problems, leading to more visits to a medical clinic putting extra burden on health care system.
Statistics Canada indicates that the baby boomers are the children born between 1946 and 1965. This nineteen year span makes up approximately 30 % of London metropolitan area female population. The total female population in London between 20 and 40 is 3% less than the 40 to 60 years old, and there looks to be a decline of 6% of the females who would be part of the Curve’s target market in the next 40 years ("2006 Community Profiles").
Gentrification is designed to improve the quality of life for the residents, but the fact is that it pushes out old residents to welcome in young and wealthy citizens. To analyze the demographic even further, gentrified neighborhoods in New York City have seen an increase in white population despite a city wide decrease. As Kate Abbey-Lamertz of the Huffington Post states, “The report notes that change is driven by educated people moving in, rather than by existing residents becoming more educated.” These changes are being driven by a millennial demographic who can afford the changed aesthetic. The influx of millennials are pushing out families whose lifestyle can’t keep up with the changing demographic. Even though these changes have been occurring for almost thirty years, and the city hasn’t made the changes needed for people who need low income housing. New York City’s gentrification must be slowed in order for people in low income housing to catch
There has been an increase in high paying jobs that require young people to have a higher education in developing countries that are enhancing and integrating to global economy. Technology is another factor that is becoming more prevalent in these under developed countries. It’s becoming less common for young people to go out and do agricultural work to support the family financially, as many parents rather support and make it easier for their children to go to school. These entire factors can eventually open up all the possibilities for more and more emerging adults to experience life and explore their independence, as countries become wealthier chances are that more young people can go to school and move in to a dorm and have a semi independent lifestyle until they reach adulthood. This can benefit our future generations to come and potentially increase the life expectancy and become achievable adults that live a longer and prosperous life. This will be a new evolution for the young people now and the young people to come, this means more educated people, which call change the way our jobs, economy, and development of our countries can be. More young people will explore their horizons and develop to be the best they can be instead of being forced to work a full time low paying job and hit a dead end. Perhaps one day the new
The Baby Boomer Generation (Born between 1946 and 1964) was born into the post-World War II economic prosperity and opportunity (Weston, 2006). Baby Boomers were members in smaller families and were doted on by parents, schools, and society as a whole (Weston, 2006). For the most part, they grew up in two-parent households where the father earned the family income and the mother was the home caretaker (Weston, 2006). News became more visual and dramatic as world-changing events such as men landing on the moon and the shooting of a president were seen on television (Weston,
Minimum wage has been around for ages. Minimum wage employment was a temporary condition for people earning little payment until they moved on to a better paying job. These jobs helped build résumés, experiences, and skills for a better career. It has become the easiest way for people to receive easy pay. As years went on that idea began to demolish into a job that many families can get to survive and pay for their expenses. There have been many arguments going on, "Should minimum wage be raised or should it be lowered or eliminated altogether?" This action has its pros and cons. It can benefit many families as living cost has gone up, price for education is rising, and college students are in huge debts. It may increase poverty, but those
A current recession is forcing people to have to deal with low wages and a horrendous lack of flexibility, in regards to hours. In fear of unemployment, today’s work choose to bear with these conditions instead of demanding for better treatment. In “Why Your Office Needs More Bratty Millennials,” Emily Matchar, the author, claims that the workforce would benefit from adding millennials, those born from 1983-1999, because their aggressive demanding tactics would cause companies to eventually have to adapt. These companies would have to adapt because by 2025, 75 percent of the workforce will be millennials. All of the external sources and numbers, provided by Matchar, don’t back up her claim, resulting in a weak
In today’s culture, the number of issues that the average person has to face on a daily basis, are astronomical. Millennials, in particular, have been greatly affected by this, so much so that a new phase in the human lifespan has been created just for them! Dubbed “emerging adulthood” by psychologist Jeffrey Arnett, plopped smack dab in the middle of adolescence, and adulthood, this phase captures any, and all doubts that 20-29 year olds are plagued with. From their economic standing, to racial, ethnic, and identity issues, and to disabilities ranging from both mental, and physical, this phase captures every single uncertainty, fear, and qualm that one person can possibly have in a neat little package.
Nearly 3.7 million American babies born in 1982 were the first members of the new Generation Y, or more affectionately known as millenials (Thompson, par. 1). Many things play into whether a generation is considered to be faring ‘better’ than another one; job opportunities, the state of the environment, whether the U.S. is at peace or at war, income vs. living expenses, the general happiness of the people, and the list goes on. Millenials are part of a special generation because for decades, “The American Dream” has included the belief that the future generation will fare better than the present one; however, millenials are not projected to fare better than the present generation X for many reasons.
labor was scarce and relatively dear. A decline in the birthrate, as well as increases in
...he squatter camps of the city which they are living. Moreover slums are also the source of all kinds of social evils such as drugs and prostitution because of the lowest security.