Category: younger generations

Visualizing the Changing World Population, by Country

This post is by Freny Fernandes from Visual Capitalist

Top 50 countries with largest population in 2050

Visualizing the Changing World Population, by Country

On average, there are 250 babies born every minute around the world. This adds up to over 130 million new human beings entering the world every year.

Then it’s no surprise that the world’s population, which now stands at a whopping 8 billion, has more than tripled since the mid-20th century.

This graphic by Truman Du uses December 2022 population data from the UN and summaries from the French Institute for Demographic Studies (INED) to show the unequal rise and fall of the world’s population by 2050.

Let’s take a closer look at some of these population trends.

Most Populous Countries: 2022 vs. 2050

The Asian countries of India and China have topped the rankings of the world’s most populous countries for hundreds of years.

China currently holds the number one spot on this list. But the population of India is expected to surpass that of China’s by later this year, eventually reaching a total of 1.67 billion in 2050.

RankMost Populous Countries (2022)Population (2022)Most Populous Countries (2050)Population (2050)
3United States of America338MUnited States of America375M

The United States, Nigeria, Pakistan, and Indonesia are the next most populous countries in 2022, and they are expected to hold onto these spots until 2050. However, they have a long (Read more...)

Visualizing U.S. Household Debt, by Generation

This post is by Aran Ali from Visual Capitalist

The Generational Power Index
The Generational Power Index
Introducing our new index, which ranks U.S. generations on their economic, political, and cultural influence.

>> Download the Report (.pdf)

U.S. household debt by generation

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The Briefing

  • Generation X is the most indebted generation on average, with $140,643 of household debt
  • Younger generations are witnessing their debts growing at a greater pace relative to older Americans

Visualizing U.S. Household Debt, by Generation

The year 2020 could be categorized as one where debt grew across the board. In the U.S., every generation except the Silent Generation saw their debts rise in the last year.

But how much debt does each generational household owe?

Generation20192020Growth (%)
Generation Z (18-24)$9,593$16,04367.2%
Millennials (25-40)$78,396$87,44811.5%
Generation X (41-56)$135,841$140,6433.5%
Baby Boomers (57-75)$96,984$97,2900.3%
Silent Generation (76+)$43,255$41,281-4.6%

Gen X are the most indebted Americans followed by the Baby Boomers. The breakdown of debt by age group suggests the typical American’s debts grow with adulthood to a certain age, at which point it begins to taper off.

(Read more...)

Four Ways to Energize a Post-Pandemic Workforce

The following content is sponsored by PwC

Four Ways to Energize a Post-Pandemic Workforce

The pandemic has put the workforce through the wringer, and shifted priorities for both employees and employers alike.

But as the world starts to look towards future growth and economic recovery, it’s important to recognize that each segment of the workforce has their own diverse needs.

Drawing from a year-long survey of 1,000+ full-time employees, PwC highlights the four biggest back-to-work priorities and challenges that employers must address to retain and recharge the workforce. We’ll also dive into some demographic gaps that emerge.

1. Physical Safety Remains #1

Almost half (48%) of employees felt that they were forced to sacrifice personal safety in order to remain employed throughout the pandemic. Women felt these effects even more strongly—60% said that feeling physically unsafe due to COVID-19 was distracting to their work.

Luckily, things took a turn for the better over the course of the year.

  • In June 2020: Only 33% of employees felt safe working on-site based on the modifications their company made
  • By May 2021: 73% of employees would feel comfortable attending a 10-person meeting in a conference room

Even with rising confidence to return to work safely, employers must do all they can to put their employees’ health first and bring this share back up to 100%.

2. Mental Health on the Mind

Shared feelings of isolation during the pandemic translated into a growing call for mental health support from employees.

Yet, while (Read more...)