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Old age
Europe / Paying for growing numbers of old people
Long after the debt crisis is over, Europe will be grappling with an even more serious problem – how to pay for growing numbers of old people. The population of some countries is stagnant or already shrinking, notably Germany’s. That will reduce savings and potential economic growth. The workers who remain are getting older and … Continue reading
UK – Unemployment falls for the over 65s , yet youth unemployment is now 21.9%
The latest unemployment figures show that the number of over 65s in work has risen by 52,000 to reach 929,000, the highest number since records began in 1992. Yet in the same period, youth unemployment has fallen by just 10,000. (It is now 21.9%, meaning over 1 in 5 under 24s is jobless.) In response … Continue reading
The new Intergenerational Fairness Index shows that overall intergenerational unfairness has worsened in each successive year since 2000
On 26 June 2012, the Intergenerational Foundation marked the formal launch of the Intergenerational Fairness Index, representing the first attempt which has ever been made to systematically measure intergenerational unfairness across time by tracking a range of indicators.
Older Worker at 45
Phyllis Barnett is only 61 years old, but as she explains it, she was already considered a senior in the eyes of the job market years ago. “I have discovered as I’ve gotten older,” she says, “that once you hit 45, you’re considered an older worker.” An accounting professional with a master’s degree in business … Continue reading
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