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Author Topic:   People are being booted out of their jobs at 50
mick
Member (Idle past 5017 days)
Posts: 913
Joined: 02-17-2005


Message 4 of 81 (205929)
05-07-2005 7:01 PM
Reply to: Message 3 by StormWolfx2x
05-07-2005 6:31 PM


One problem for you might be that, as the retirement age increases, there will be fewer and fewer jobs for people aged 18, who naturally lack some of the skills that their 60-year-old competitors have learned over a lifetime of work.
Increasing the retirement age will not necessarily solve the problem, it might just shift the unemployment faced by people aged 50+ onto the youngest age group (who already tend to have low wages and bad job prospects).
One solution would be to create more jobs, per se, for both older and younger people.
Mick

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 Message 3 by StormWolfx2x, posted 05-07-2005 6:31 PM StormWolfx2x has not replied

Replies to this message:
 Message 5 by Asgara, posted 05-07-2005 7:11 PM mick has replied

  
mick
Member (Idle past 5017 days)
Posts: 913
Joined: 02-17-2005


Message 6 of 81 (205941)
05-07-2005 7:31 PM
Reply to: Message 5 by Asgara
05-07-2005 7:11 PM


This leaves us with a worker deficit of 10 people. Who is going to perform the jobs?
I suspect that the practical answer people are going to have to get used to is: immigration. This is certainly the view of many professional demographers I have known.
This isn't such a problem in the US or Canada, with their proud history of accepting large numbers of immigrants. In the UK (and elsewhere in Europe) it is a political hot potato that people are going to have to grasp sooner or later.

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mick
Member (Idle past 5017 days)
Posts: 913
Joined: 02-17-2005


Message 10 of 81 (205987)
05-07-2005 9:47 PM
Reply to: Message 7 by Percy
05-07-2005 7:46 PM


Re: I Know of What Lam Speaks
percy writes:
In the first half of my career I learned Fortran, Algol, Sail, PDP-8 assembler, PDP-11 assembler, Pascal, C, RT-11, RSX-11, DECSystem-10, DECSystem-20, VAX/VMS and emacs. In the second half of my career I've had to learn Verilog, VHDL, SDF, C++, HTML, JavaScript, Perl, SystemC, Unix and Linux, Windows, Interleaf, FrameMaker, a huge variety of miscellaneous unintuitive tools and interfaces and 967 different passwords.
My God, you haven't even got onto .net yet!!! What a loser!
This message has been edited by mick, 05-07-2005 09:49 PM

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mick
Member (Idle past 5017 days)
Posts: 913
Joined: 02-17-2005


Message 56 of 81 (206516)
05-09-2005 2:23 PM
Reply to: Message 55 by Phat
05-09-2005 1:20 PM


Re: Old farts are not replaceable parts
America needs to look out for its citizens or we will become like Britain with a wider class disparity
I hate to be the one to tell you this, Phatboy, but social inequality measures are generally similar between US and UK, and the US has inequality rather higher than most european countries.
Research carried out by the European Economy Group (2002) showed:
On social inequality:
EEG writes:
It is appropriate to talk of different types of experiences; the extremes include, notably, the low inequality levels of Germany and, to a lesser extent, of France, together with higher values for Spain and, especially, the USA, with values far higher than those of the European countries... inequality increased in the UK and USA, while it decreased in the remaining European countries, especially in Germany and Italy.
Comparing the major economic powers of Europe with the USA, the EEG found:
EEG writes:
[USA had]the greatest income rigidity following France
On income mobility there were two results. If we measure the correlation between one's own income and one's father's income:
EEG writes:
Germany and the UK join Italy as countries of high mobility, while the USA moves from its previous intermediate situation to one of low mobility in the comparative context.
if we measure the ability to move between social classes during one's lifetime
EEG writes:
USA again occupies an intermediate position
USA, Italy and Spain were found to be
EEG writes:
countries with inequality greater than the average
it seems that social mobility and inequality are best tackled with a German-style social democratic system rather than the freemarket system of US, UK, Italy and Spain.
Mick

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