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As we continue our journey through the economic ecosystem, we take a deep dive into the aging population in the U.S. with an emphasis on the older female population. The aging population is an often neglected but significant portion of our society that will be dependent on younger generations for their wellbeing. It is prudent we become more aware of the demographics and challenges, including employment; living arrangements; physical, mental and financial wellbeing; caregiving; poverty; and elder abuse.
In November 2018, the U.S. Census Bureau released findings on the rapidly growing older population, of adults ages 65 and older. Due to a trend of lower birth rates and longer life spans, the growth rate of the older population now exceeds the growth rate of the total population and the population of citizens under the age of 65.
The report reveals that this segment is still connected to the overall population socially and economically, as a majority have access to internet in their homes and a number still participate in the labor force.
