megram - Index

megram - 55GTA - Index

Boomer Timeline
Boomers: Then and Now
1960s
The oldest baby boomers enter the workforce.
1990s
The earliest cohorts of baby boomers reaching peak of earning power.
2005
The first baby boomers retire.
2020
All baby boomers will have retired from the workforce, but many reshape
retirement so that they can continue to work part-time (in offices,as freelancers
or under short-term contracts).
Boomer women
1977
University-educated baby boomer women pour into a welcoming labour
market at a time of expansion.Six of every 10 women are in the workforce.They
generally earn more than women 20 years older.
1997
Those baby boomer women still in the workforce earn more than
Generation Xers.
2008
Some of these baby boomer women are still in the workforce (or have
returned to the workforce after their children have grown up) but most are
working part-time rather than full-time.
Defining moments through the era
1945
The Second World War ends.
1946 to 1955
Following the victory of the Allies and the surrender of Germany, soldiers
return home. Accompanying the sense of optimism and confidence in the
future is the realization that the world will never be the same again.
What is to be done with the jobless soldiers streaming home? Will the
women get out of the factories where they have worked through the war and
go back to the hearth? How will the great surge of immigrants (including the
many war brides) arriving in Canada change the country?
Through this period, Canada’s social safety net begins to take shape.This is
the beginning of modern Canada, a time that is frequently seen as the country’s
golden age.
1956
Elvis Presley, the undisputed king of Rock and Roll, hits the big time.
September 2008 • 12 • Fifty-Five Plus Magazine
continues on page 14