Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/stories/1991-12-15/aging-baby-boomers-a-bigger-impact-on-election-day

Businessweek Archives

Aging Baby Boomers: A Bigger Impact On Election Day


ECONOMIC TRENDS

AGING BABY BOOMERS: A BIGGER IMPACT ON ELECTION DAY

Demographic trends may help translate economic woes into votes in the coming Presidential election. An issue of The Numbers News earlier this year noted that the "middle-aging of the baby boom implies that unemployment isn't for kids anymore." Back in the recession of 1982, only 26% of unemployed workers were 30 to 44. But this age group now comprises 40% of workers, and its share of the jobless last year moved up to a third.

From the standpoint of the electorate, the significance of the aging trend of the population is that the percentage of people voting tends to rise as they age. In the last Presidential election, for example, voter turnout among persons 18 to 24 was reportedly 36%; for those 30 to 44, 58%; and for those 45 to 64, 68%. In short, more people are likely to register their satisfaction -- or dissatisfaction -- with their economic situations than ever before.GENE KORETZ


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus