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Europe Catches Up: Older-Worker Employment in the EU and USA

April 23, 2015 Comments off

Europe Catches Up: Older-Worker Employment in the EU and USA
Source: AARP Public Policy Institute

The European Union (EU) has experienced significant growth in the employment of workers ages 55 to 64, which has far outpaced the growth of older-worker employment in the United States. An initial look might lead to the conclusion that the EU is ahead of the United States in employing older workers. However, the historical performance of the U.S. labor market should also be considered.

Categories: AARP, age and aging, Europe, labor

Boomer Expectations for Retirement 2015 — Fifth Annual Update on the Retirement Preparedness of the Boomer Generation

April 22, 2015 Comments off

Boomer Expectations for Retirement 2015 — Fifth Annual Update on the Retirement Preparedness of the Boomer Generation (PDF)
Source: Insured Retirement Institute

Each year the Insured Retirement Institute (IRI) conducts a survey to measure the retirement preparedness of the Boomer generation. This report, the fifth in the series, summarizes the results of the 2015 survey and analyzes key changes over the past five years.

As Baby Boomers age, and as more members of the cohort are either in or very near retirement, the survey responses are changing. For an increasing number of Boomers, especially those that have not taken steps to plan effectively, retirement reality is not aligning with retirement expectations.

Overall satisfaction fell considerably in this year’s study, following a significant decline last year. However, respondents who have taken steps to prepare for retirement, such as working with financial advisors, calculating retirement goals, purchasing retirement income products such as annuities, and developing retirement plans report much higher levels of overall economic satisfaction and retirement preparedness. As we’ll see in the detailed study results, Boomers who have prepared, and have realistic expectations, for retirement are much more likely to report overall satisfaction, confidence in their retirement readiness, and progress toward a secure retirement.

CRS — Membership of the 114th Congress: A Profile (March 31, 2015)

April 21, 2015 Comments off

Membership of the 114th Congress: A Profile (PDF)
Source: Congressional Research Service (via Federation of American Scientists)

This report presents a profile of the membership of the 114th Congress (2015-2016). Statistical information is included on selected characteristics of Members, including data on party affiliation, average age, occupation, education, length of congressional service, religious affiliation, gender, ethnicity, foreign births, and military service.

Teens, Social Media & Technology Overview 2015

April 10, 2015 Comments off

Teens, Social Media & Technology Overview 2015
Source: Pew Research Center

24% of teens go online “almost constantly,” facilitated by the widespread availability of smartphones.

Aided by the convenience and constant access provided by mobile devices, especially smartphones, 92% of teens report going online daily — including 24% who say they go online “almost constantly,” according to a new study from Pew Research Center. More than half (56%) of teens — defined in this report as those ages 13 to 17 — go online several times a day, and 12% report once-a-day use. Just 6% of teens report going online weekly, and 2% go online less often.

Much of this frenzy of access is facilitated by mobile devices. Nearly three-quarters of teens have or have access to a smartphone and 30% have a basic phone, while just 12% of teens 13 to 17 say they have no cell phone of any type. African-American teens are the most likely of any group of teens to have a smartphone, with 85% having access to one, compared with 71% of both white and Hispanic teens. These phones and other mobile devices have become a primary driver of teen internet use: Fully 91% of teens go online from mobile devices at least occasionally. Among these “mobile teens,” 94% go online daily or more often. By comparison, teens who don’t access the internet via mobile devices tend to go online less frequently. Some 68% go online at least daily.

Census Bureau Report Examines Population Changes in U.S. Island Areas Over Last Decade

April 9, 2015 Comments off

Census Bureau Report Examines Population Changes in U.S. Island Areas Over Last Decade
Source: U.S. Census Bureau

Among U.S. Island Areas, only the U.S. Virgin Islands had a higher median age than the U.S. mainland at 39.2 years in 2010. A new report, Recent Population Trends for the U.S. Island Areas: 2000 to 2010, examines demographic trends, such as median age, for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam and the U.S. Virgin Islands.

American Samoa’s median age of 22.4 years was nearly 17 years younger than the Virgin Islands and about 15 years younger than the U.S. median age of 37.2 years. Additionally, Guam and the Commonwealth of the Northern Mariana Islands also had younger median ages at 29.5 and 33.4 years, respectively. This pattern of median ages among the Island Areas reflects their different migration and fertility rate histories.

Insurers risk being sidelined by internet-savvy consumer generation

April 8, 2015 Comments off

Insurers risk being sidelined by internet-savvy consumer generation
Source: Towers Watson

Scarred by the financial crisis, price conscious buyers aged under 30 are driving a fundamental shift in how insurance is bought, according to Towers Watson. A survey of over 7,000 consumers across Europe’s largest and fastest-growing markets – including the UK, France, Germany and Turkey – found the advance of technology increasingly distancing the millennial generation of buyers from traditional purchase channels and sources of advice and influence.

The survey, The shifting balance of power, also found many under-25s to be far more risk aware and interested in financial security than previously thought, underlining the need for insurers to find new methods of engaging with these younger buyers.

Driving Among High School Students — United States, 2013

April 6, 2015 Comments off

Driving Among High School Students — United States, 2013
Source: Morbidity and Mortality Weekly Report (CDC)

During 2004–2013, the number of passenger vehicle drivers aged 16–19 years involved in fatal crashes in the United States declined by 55% from 5,724 to 2,568.* In addition to graduated driver licensing (GDL) programs (1) and safer vehicles,† other possible contributors to the decline include adolescents waiting longer to get their driver licenses and driving less (2). The crash risk for drivers of any age is highest during the first months of independent driving, and this risk is highest for the youngest teenage drivers (3). To estimate the percentage of high school students aged ≥16 years who have driven during the past 30 days, by age, race/ethnicity, and location, CDC analyzed 2013 data from the national Youth Risk Behavior Survey (YRBS) and YRBS data collected by 42 states and 21 large urban school districts. Nationwide, 76.3% of high school students aged ≥16 years reported having driven during the 30 days before the survey; 83.2% of white students had driven compared with <70% of black and Hispanic students. Across 42 states, the percentage of students who drove ranged from 53.8% to 90.2%. Driving prevalence was higher in the midwestern and mountain states. Across the 21 large urban school districts, the percentage of drivers varied more than twofold from 30.2% to 76.0%. This report provides the most detailed evidence to date that the percentage of students who drive varies substantially depending on where they live. Such information will be vital as states and communities consider potential ways to improve safety for older teenage novice drivers and plan for safe, affordable transportation options for those who do not drive.

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