THE BULGE — Progress Report Number 1

THE CENTRAL fact of the bulge is well‐known: between 1958 and 1964 900,000 additional young people will be seeking employment. Less frequently recognised is the fact that this increase is disposed in two distinct waves. The first, occupying the years 1958 and 1959, contains about 200,000 young people, and the second, extending from 1961 to 1964, about 700,000. Between these two waves stands 1960, a ‘normal’ year, in the sense that the increase for that year is a mere 40,000.