NAME: MOHAMMED MIDHLAJ EBRAHIM

MATRIC NO: G2227471

COURSE: STRATEGIC TALENT MANAGEMENT
SUBJECT: OLDEST POPULATION IMPLICATIONS

Having a high number of aging population (65 and above) can have several
implications INCLUDING:
Firstly, and foremost that’s Economic Impact, A large aging population can
strain a country's economy. With fewer younger employees and a higher number
of retirees.
Healthcare and Social Services, Aging populations require increased healthcare
services, including medical treatments, long-term care, and support for age-
related diseases.
Labour Shortages, As mentioned in our question, countries with a high
percentage of aging population often face a shortage of younger employees.
Increased Dependency Ratio: The dependency ratio, which measures the
number of dependents (children and elderly) relative to the working-age.
So, to overcome the shortage of younger employees caused by an aging
population, several strategies can be considered:
Encouraging Workforce, Promoting Immigration, Investing in Education and
Training, Increasing Retirement Age and Pension Reforms, Encouraging
Automation and Technological Advancements, Social and Family Support,
The important to note that the specific strategies adopted may vary based on the
cultural, economic, and social contexts of each country.