For Immediate Release
February 16, 2012 - Washington D.C. - Today, the Immigration Policy Center releases The Future of a Generation: How New Americans Will Help Support Retiring Baby Boomers, by Walter Ewing, Ph.D.
The United States is in the midst of a profound demographic transformation that will long outlast the current economic downturn. In 2011, the first of the baby boomers—Americans born between 1946 and 1964—turned 65 years old. There are 77 million baby boomers, comprising nearly one quarter of the total population, and their eventual retirement will have an enormous impact on the U.S. economy.
There will be growing demand within the U.S. economy for younger workers and taxpayers as the number of working-age adults supporting those over 65 diminishes. More and more of these workers and taxpayers will be immigrants and the children of immigrants. Given these trends, and given the size of the predominantly white, native-born baby boom generation that is now heading into retirement, projections point to an inescapable conclusion: immigrants and the children of immigrants will play increasingly important roles within the U.S. economy as workers and taxpayers for decades to come.
To view the fact check in its entirety, see:
The Future of a Generation: How New Americans Will Help Support Retiring Baby Boomers, by Walter Ewing, Ph.D. (IPC Fact Check, February 2012)
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For more information, contact Wendy Sefsaf at wesefsaf@immcouncil.org or 202-507-7424.
The Immigration Policy Center (IPC), established in 2003, is the policy arm of the American Immigration Council. IPC's mission is to shape a rational conversation on immigration and immigrant integration. Through its research and analysis, IPC provides policymakers, the media, and the general public with accurate information about the role of immigrants and immigration policy on U.S. society. IPC reports and materials are widely disseminated and relied upon by press and policy makers. IPC staff regularly serves as experts to leaders on Capitol Hill, opinion-makers and the media. IPC is a non-partisan organization that neither supports nor opposes any political party or candidate for office.
Division of the American Immigration Council.