While the number are out there, I've always found the below story (to the best of my recollection), illustrates what life was like for someone born in the early 1950s:
- "I went to brand new schools built during the start of the baby boom. All of the teachers were excellent b/c this was before women started entering the workforce"
- "I got into an Ivy League school b/c acceptance rates were around 50% due to the Eisenhower funding getting cut so the schools needed more students to cover the lost funds"
- "I got a job from looking in the paper and started a few weeks after graduating from college"
- "Six months after I started, my boss retired at 55. So there I was at age 22 with a management role and a secretary"
I think about this story often whenever someone mentions demographics and/or the economy and why young people are spending more time living at home after college.