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According to https://www.populationpyramid.net/united-states-of-america/ https://www.populationpyramid.net/united-states-of-america/ there are about 20m people
by saulpw 4y ago
According to https://www.populationpyramid.net/united-states-of-america/ https://www.populationpyramid.net/united-states-of-america/ there are about 20m people in the 50-55 category. So about 4m people age into the over 55 category every year (for now anyway). This is a lot more than those 1.8m people who are dying each year. This is just the "aging population" problem, what better solution than to put them to work?
- toomuchtodo 4y agohttps://seekingalpha.com/article/4531829-older-workers-propping-up-us-economy https://seekingalpha.com/article/4531829-older-workers-propp...
- cableshaft 4y ago> So about 4m people age into the over 55 category every year (for now anyway). This is a lot more than those 1.8m people who are dying each year. Spoiler alert: those 4m people aging into over 55 were likely already working, so they're not taking a bunch of 'new jobs' , just shifting roles (and vacating their previous roles). You're still losing that 1.8m per year. You have to look at the other end of the job pool for new entrants, those turning 18, and see what their attitudes are. That's the parent comment's argument. The younger people will take up a larger and larger percentage of the 'under 55 year old workforce' and have a very different relationship with work than those that are currently over 55. Eventually they'll take enough of a chunk of the workforce that corporations will have no choice but to accommodate, because they can't just keep tapping into the dwindling 'people who will overwork themselves into an early grave' demographic to make up for it.
- saulpw 4y agoYou're right, thanks for helping me clear up my thinking.