Nowadays more and more elder people who need employment have to compete with younger people for the same jobs. What problems does this cause? What are the solutions?
In the stiff competitive generation, it has become essentially crucial to remain exceptionally knowledgeable irrespective of age bracket. It is believed older workers have to deal with a surge in competition for jobs with younger ones. Apparently, it begets harrowing upshot on society. However, the collaborative efforts of government and individual can overcome this issue.
Fundamentally, it entails myriad detrimental repercussions on society which are worth mentioning. To begin with, it leads to extreme unemployment rate among elderly which is inevitably a contributing factor in not only committing suicides, but also crimes such as robbery to feed themselves and their families. To vindicate, a research by TESOL journal states that globally 70% of the crime are carried out by jobless individuals to fulfill their necessities. Secondly, unlike old times, the youngsters do not give appropriate respect to their elderly. They feel neglected, isolated and depressed as they have to depend upon their children for daily needs. Hence, it hurts their self esteem at an unprecedented scale.
Nevertheless, curative measures by government can certainly mitigate this trouble. Chiefly, if the authorities can provide fundamental training regarding latest technologies, it will be a constructive ripple in terms of recruitments. Besides, does the retirees be given self-sufficient pension schemes with respect to growing inflation? Certainly yes, it will act as an index of satisfaction to them and their families. Thereby, society will reap the benefits in terms of health and evolution of upcoming generations. Thus, coercive steps by government can certainly curb this problem.
To recapitulate, although there are potential problems that arise from elders competing with younger people for similar jobs, concerted efforts of government and individuals can help to tackle this perennial issue.