Facebook Pixel Code
x
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Effects of Growing Aging Population on the Work Force Essay Example

Show related essays

Effects of Growing Aging Population on the Work Force

This is a preview of the 10-page document
Read full text

In 1971, median age was 26. The seniors thus consist of fastest-growing age group. The tendency is envisioned to continue as the average number of children is low. In 2011, about 5 million Canadians aged over 65 years of age. The size of the population is projected to double in the coming 25 years to about 10.4 million people by 2036.For Canada (2012), in 2011, Nova Scotia had the highest number of aged people. Compared to the total population of the aged, Nova Scotia had 16.5 % in 2011. Growth rates of the aged population differ among provinces. It is expected that by 2036, Labrador and Newfoundland would have the highest percentage of aged people. In 2012, an estimated 21% of Canadians aged over 60 years. By 2030, the proportion is expected to increase to about 28.5% and 31 percent in 2050. A third of Canadians population would thus be made of aged people.According to the United Nation- backed study, the Canadian society is dealing well with its senior population. Canada was placed fifth by Globe Age Watch Index. Canada came fifth after Germany, Netherlands, Norway, and Sweden. The United States came eight. The index drew its data from the World Health organization, World Bank, UN Population Fund, and several other international organizations. It looked at four features of old-aged quality life, which are health status, income security, education, employment, and the perceptions of older people of social connectedness. Canada scored highly on health status. She was ranked second to Switzerland. However, she lagged behind in income security and was placed 26th.4 % old-age poverty rate caused Canada to drop to the position (McPherson & Wister 2014). About a quarter of people in Canadians aged over 65, live without pensions.According to Karpinska (2013), labor force in Canada is complex as several factors affect it. However, the key important factor is the aging population, which is influencing the labor force. People aged 55 and over rose rapidly in the last few years. Demographic projections by Statistics Canada postulated that aging of labor providers would increase steadily as the baby boom group age.According to Haerens (2014), Canadian labor force is expected to grow to 20.5 and 22.5 persons by 2031. The increase would be a rise from 18.5 million persons in 2010. The share of the labor force among people aged 15 years and above is projected to decrease in the coming years.

This is a preview of the 10-page document
Open full text

References

Brownell, P. J., & Kelly, J. J. (2013). Ageism and mistreatment of older workers: Current reality, future solutions. Dordrecht: Springer.

Berberoglu, B. (2005). An introduction to classical and contemporary social theory: A critical perspective. Lanham: Rowman & Littlefield.

Best, S. (2003). A beginners guide to social theory. London: SAGE.

Conen, W. (2013). Older workers: The view of Dutch employers in a European perspective.

Canada. (2012). Economic and fiscal implications of Canadas aging population. Ottawa: Dept. of Finance Canada.

Dant, T. (2013). Knowledge, Ideology & Discourse: A Sociological Perspective. Hoboken: Taylor and Francis.

Henslin, J. M. (2005). Sociology: A down-to-earth approach. Boston: Pearson/A and B

Haerens, M. (2014). The aging population. Detroit: Greenhaven Press, A part of Gale, Cengage Learning.

Karpinska, K. (2013). Prolonged employment of older workers: Determinants of managers decisions regarding hiring, retention and training. Amsterdam: Amsterdam University Press.

McPherson, B. D., & Wister, A. (2014). Aging as a social process: Canadian perspectives (6th ed.). Don Mills, Ont: Oxford University Press.

Ritzer, G. (2005). Encyclopedia of social theory. Thousand Oaks, CA: Sage Publications.

Swarts, K. (2009). The aging population. Detroit, MI: Greenhaven Press.

Solin, D. R. (2009). The smartest retirement book youll ever read. New York: Penguin Group.

Close ✕
Tracy Smith Editor&Proofreader
Expert in: Sociology, Religion and Theology, Politics
Hire an Editor
Matt Hamilton Writer
Expert in: Sociology, Philosophy, Science
Hire a Writer
preview essay on Effects of Growing Aging Population on the Work Force
  • Pages: 10 (2500 words)
  • Document Type: Essay
  • Subject: Sociology
  • Level: Ph.D.
WE CAN HELP TO FIND AN ESSAYDidn't find an essay?

Please type your essay title, choose your document type, enter your email and we send you essay samples

Contact Us