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Old Age Crisis

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Old age crisis

The United States has the highest fertility rates in developed countries and is one of the fastest population growths. According to statistics, the total fertility rate as at 2.1,2010, American women in the total population had reached 308 million, living in the world's third largest country in population status. As early as the 1940s, the United States began to enter the aging society; an aging population is now over 65 years that is 17.4% of the total population (McNicoll, 67). As the populaces grow older, an escalating share of the working force will be past the age 60 years. Older human resources have often been measured less productive than the younger population, raising the concern of whether the aged workforce will be as well a less prolific one. The American work force or personnel are growing older. As the baby boom cohort passes focal point age and approaching to retirement, a intensifying percentage of the working population will be older than age of 60 years. Process of population aging in China compared to the aging in U.S. population has the following characteristics: First, enter the old society for a long time; the U.S. list of countries into old age has lasted 70 years. Second, the slow development of an aging population in Western countries at the middle level. On the one hand due to higher fertility rates, 2005 U.S. total fertility rate was 2.0 , partly because the United States absorbs a large number of young immigrants , to some extent alleviated the U.S. population aging process. Third, large proportion of the elderly population is elderly. As the population increased life expectancy, the proportion of elderly population in the United States will continue to improve. In the aging population has been increasing in the process, the United States in response to population aging has...

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