Too Many Americans Will Never Be Able to Retire

Too Many Americans Will Never Be Able to Retire

4/21/2019

link

https://www.bloomberg.com/opinion/articles/2019-01-23/america-needs-more-young-workers-to-support-aging-population

summary

This opinion piece discusses the economic implications of America's aging population and the need for an increase in young workers. The author highlights the important role that young workers play in supporting social security, healthcare, and overall economic growth. The article emphasizes the country's low birth rates and declining fertility rates, which exacerbate the issue of an aging population. The author suggests that policy changes and incentives are necessary to encourage young people to enter the workforce and address the challenges associated with an aging population. Ultimately, the article argues that increasing the number of young workers is crucial for the long-term stability and prosperity of the United States.

tags

social services ꞏ senior citizens ꞏ career development ꞏ social impact ꞏ youth employment ꞏ public policy ꞏ economic productivity ꞏ social support ꞏ aging workforce ꞏ dependency ratio ꞏ retirement planning ꞏ demographic trends ꞏ labor force ꞏ government policies ꞏ population aging ꞏ elderly care ꞏ labor force participation ꞏ retirement ꞏ welfare system ꞏ labor market ꞏ aging population ꞏ demographic analysis ꞏ intergenerational relationships ꞏ demographic transition ꞏ population growth ꞏ social implications ꞏ workforce demographics ꞏ workforce planning ꞏ work-life balance ꞏ future workforce ꞏ fertility rate ꞏ demographic challenges ꞏ economic growth ꞏ workforce development ꞏ healthcare ꞏ job opportunities ꞏ labor shortage ꞏ intergenerational equity ꞏ economic implications ꞏ economic sustainability ꞏ population dynamics ꞏ pension system ꞏ employment ꞏ generational divide ꞏ immigration ꞏ social security ꞏ public health ꞏ demographic shift ꞏ social welfare