On Wed, 2007-08-08 at 13:24 +0200, Eugen Leitl wrote:
> Already 50-year olds are virtually unemployable in the modern
> economy, while the official retirement age has been bumped up
> to 67 years. It will be 70 soon, so how do you feed a large
> fraction of your populace clothed, fed, and in good health?

eventually, market forces will result in older people becoming more
employable. right now, there are too many younger people around, who are
willing to learn and to work at lower salaries.

the economist has been talking about this for ages. e.g. in a special
report on the aging workforce [1]: "Older workers want to retire later;
companies fear they will soon be short of skills. Why can't the two get
together?"

-rishab


1.http://economist.com/business/displaystory.cfm?story_id=E1_VVTJDPP


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