Nowadays more and more people have to compete with young people for the same jobs. What problems does this cause? What are some possible solutions?

Those seeking a job are now facing stiffer competition from the younger generation.

This

essay will suggest that the main problem

this

causes is higher poverty among older people, and propose lowering the

retirement

age

as a possible solution. Increased competition

from

Suggestion

for

today’s youth has left many over 50s in poverty. If a young person and an old person apply for the same job, it is often the case that the younger individual will have more qualifications and may

also

be willing to work for less money, leaving many seniors without work and left behind.

This

results in many older people being left out of work, but still not eligible to draw a pension because they have not reached the

age

of

retirement

yet.

For example

, a recent survey showed that since the financial crisis in 2008, fuel and food poverty has increased by 82% amongst the aged. The most viable answer would be to drop the

age

of

retirement

. Most industrialised countries could afford to lower

this

from 65 to 60 for men and from 60 to 55 for women,

thus

allowing millions of people to simply retire and be looked after by the state.

For instance

, Finland recently decreased the

retirement

age

for all government employees to free up more jobs for their graduates and

this

has not only resulted in fewer unemployed older people but

also

decreased youth unemployment by over half. In conclusion, the increased rivalry between young and old in the job market has resulted in the impoverishment of many of our older citizens and countries should consider reducing the

age

of

retirement

to solve

this

.