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Effects of Growing Aging Population on the Work Force

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By 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 Watch Index. 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.

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 Canada to drop to the position. 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 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 labor force is expected 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 in coming years.

Te overall involvement would reduce from 67. 0percent in 2010 to between 59. 7percent and 62. 6percent in 2031. Aperson in a group of four laborers is expected to have 55 years and above by 2021. Te percentage was 16. 9percent in 2010. Dfferent governments define an older worker differently. Cnada defines an older worker as a working person above 45 years of age according to Solin (2009). Acording to Brownell and Kelly (2013), oder workers are from baby boomers generation. Eployees are usually discriminated on their Fr most people, oder workers lack physical strength, ae less productive, ae slow learners, ae forgetful, araid of technology, ad are less motivated.

Aain, tey are viewed as people who fear retraining or reeducation and as people. ..

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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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