Brain Drain Essay example

In America, people are changing their views on aging and the elderly. Some of the reasons that the attitudes are changing could be due to more elderly people are remaining in the work place longer, as opposed to retiring early. Riffkin (2014). And there is the fact that we baby boomers are living longer. Even though the U.S. only ranks 53rd with a life expectancy of 79. That’s an increase of one year since 2010. (“The World: Life Expectancy” 2016)

In general, countries experiencing high fertility and rapid population growth, have a “young” population structure and the important policy considerations are if there are enough schools and, sufficient jobs and housing to accommodate this population. Countries with “old” population structures face the problems of structuring and developing retirement and health systems to serve this older population and also they have a considerable reduction the number of the working force. The decline of the work force is one of the most dramatic economic tendencies of the past four decades in the United States. The individual’s decision of whether to stay in the workforce or to retire is based on the collaboration of a number of factors including the following: eligibility for Social Security benefits, availability of and benefits under an employer-financed pension plan, work

Between 2000 and 2050, the number of ageing population will increase by 135% During this time period, the proportion of the population that is over the age of 65 will increase from 12.7% in

Their influences have lowered medication cost in some instances. Their generation saw an explosion in nursing homes, assisted living centers and home health aides. The Advances in medicine and healthcare has helped them live longer and these advance have carried over into the next generations. In retirement, Baby boomers have enjoyed increased travel. The decreasing cost in tickets and gasoline have made it easier for Boomers to travel cross country and world wide.

Cultural patterns are likely to change, as the average of age of the population rises and the share ever age sixty-five climbs higher. Younger will see more seniors everywhere like shopping malls, sporting events and walking around outside if they can. Older people and seniors are now welcome to continue school if they want to because colleges now are opening their doors for them. Some elder people actually try to complete their degrees so they could get a new career so they don’t have to retire. Between the ages of sixty-five and seventy-five are more likely to live independently with good health and financial security, they are called the “young old.” Past the age of seventy-five, are more likely to have money and health problems and tend to

Data from the Census Bureau tell us that in 2015, there are around 47.8 million Americans age 65 and older, up from about 25.5 million just 35 years ago; demographers predict that in another 35 years, there will be nearly 88 million Americans in this age group. The rate of growth of the “oldest old” population—those age 85 and older—is even more dramatic: Their numbers currently stand at approximately 6.3 million, but by 2050, that number will have almost tripled, to 18.7 million Americans. This population explosion is unprecedented in history, and the resulting demographic shift is causing profound social and economic changes.

This generation is the healthiest and longest generation living in U.S. history in U.S. history. Due to the, vast population growth this has transformed and shocked the U.S. economy, because Baby Boomers are living longer and saving less. The populous generation spending creates a demand in the economy and lowers interest rates.

While these aspects of society certainly do impact a nation with a growing older population, they are not the most problematic. Financial instability of the country should not be the spotlight of concern, but as people are living longer, people should be more concerned with that the typical life should look different in the future. With this in mind, the article proposes other areas of concern: lack of incentive for volunteering, little to no new education for older adults, and massive technological change with no way for older generations to learn how to use it. If these areas are not provided with change, it will ultimately lead to economic hardship for the elderly, due to the lack of new education and technological knowledge, which would, in turn, able them to work longer. If older generations were able to stay in the workforce longer, our aging society, which people believe may eventually not have a large enough work force, would be able to avoid this presumed

By 2020, approximately 20 percent of the U.S. population will be 65 years or older and employers have yet to come to grips with this fact. The aging population will affect the workforce through retirement and those continuing to work. Medicare and Social Security are very likely to undergo profound changes. Some who reach the age of 65 will not be able to retire due to the fact that they require outside income. Retired or not, the aging population will contribute heavily to the consumer market. Their demand for leisure-time pursuits and professional services will fuel local labor markets. This boom in the service sector may replace many low-skilled or unskilled jobs. The aging of the population will be far more dramatic that ethnic

* The cost of health care for elderly people is greater than educational costs for the young.  Hence, population aging will eventually place severe strains on government budgets for health care and pension plans, and with fewer workers to pay the taxes.

“While we have 35 million people aged 65 and older in the United States, the baby boomers will solidify the aging revolution in America. As this group continues to swell the ranks of elderly population, increasing numbers of older adults are

According to the U.S. Census Bureau the number of people 65 and older will possibly double by the year 2030. According to Yager (2008) forecasts are showing that the United States could reach a labor shortage by 2030. As

Over the years, there have been major shifts within the United States in regards to its population. Statisticians have estimated that 20% of the population will be 65 years of age and older. There is an even

From 1970 to the year 2000, the world's over-60 population is projected to increase by more than 90 percent" . This is an astonishing number, seeming how the total population was predicted to grow by less than 75 percent . "The most prominent feature of the looming shift in the composition of the working-age population is, of course, its increasing age" . It is hard to say what will happen when suddenly there will be an abundance of older people who are preparing to retire.

The number of people aged 65 or above is expected to rise sharply in the