Monday, May 24, 2010

Dependency Ratio Expected to Increase

Source: U.S. Census Bureau

Aging Boomers Will Increase Dependency Ratio, Census Bureau Projects

Older American Population to Become More Diverse

     The U.S. Census Bureau reported today that the dependency ratio, or the number of people 65 and older to every 100 people of traditional working ages, is projected to climb rapidly from 22 in 2010 to 35 in 2030. This time period coincides with the time when baby boomers are moving into the 65 and older age category. After 2030, however, the ratio of the aging population to the working-age population (ages 20 to 64) will rise more slowly, to 37 in 2050. The higher this old-age dependency ratio, the greater the potential burden.

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