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Effects of Growing Aging Population on the Work Force

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In 1971, mdian age was 26. Te seniors thus consist of fastest-growing age group. Te tendency is envisioned to continue as the average number of children is low. I 2011, aout 5 million Canadians aged over 65 years of age. Te size of the population is projected to double in the coming 25 years to about 10. 4million people by 2036. Fr Canada (2012), i 2011, Nva Scotia had the highest number of aged people. Cmpared to the total population of the aged, Nva Scotia had 16. 5% Gowth rates of the aged population differ among provinces.

I is expected that by 2036, Lbrador and Newfoundland would have the highest percentage of aged people. I 2012, a estimated 21% of Canadians aged over 60 years. B 2030, te proportion is expected to increase to about 28. 5 and 31 percent in 2050. Athird of Canadians population would thus be made of aged people. Acording to the United Nation- backed study, te Canadian society is dealing well with its senior population. Cnada was placed fifth by Globe Age Cnada came fifth after Germany, Ntherlands, Nrway, ad Sweden.

Te United States came eight. Te index drew its data from the World Health organization, Wrld Bank, U Population Fund, ad several other international organizations. I looked at four features of old-aged quality life, wich are health status, icome security, eucation, eployment, ad the perceptions of older people of social connectedness. Cnada scored highly on health status. Se was ranked second to Switzerland. Hwever, se lagged behind in income security and was placed 26th. 4% old-age poverty rate caused to to the position (McPherson & Wister 2014).

Aout a quarter of people in Canadians aged over 65, lve without pensions. Acording to Karpinska (2013), lbor force in Canada is complex as several factors affect it. Hwever, te key important factor is the aging population, wich is influencing the labor force. Pople aged 55 and over rose rapidly in the last few years. Dmographic projections by Statistics Canada postulated that aging of labor providers would increase steadily as the baby boom group age. Acording to Haerens (2014), Cnadian force is to grow to 20.

5and 22. 5persons by 2031. Te increase would be a rise from 18. 5million persons in 2010. Te share of the labor force among people aged 15 years and above is projected to decrease in the coming years. ...

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preview essay on Effects of Growing Aging Population on the Work Force
  • Pages: 10 (2500 words)
  • Document Type: Essay
  • Subject: Sociology
  • Level: Ph.D.
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