Nowadays, more and more older people who need employment compete with the younger people for the same jobs. What problems this causes? What are solutions?

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Finding a
job
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is becoming increasingly competitive these days. Even older
people
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have to keep working and compete with younger
job
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hunters to get hired somewhere.
This
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essay will explore why
this
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trend is happening and come up with a solution. The most important reason why the
job
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is becoming competitive between the older and younger folks is due to the imbalance between
job
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demands and
job
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supplies.
In other words
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, the number of
people
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looking for jobs is higher than actual
job
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positions. The main reason for the increase in demand is population growth, while
job
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opportunities cannot grow as fast as the population. Another reason lies in the fact that the
cost
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of living is increasing, so
people
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have to work even after they are retired in order to be able to pay their expenses. Which
also
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cause a climb in the number of
people
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seeking a
job
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and create a vicious circle.
Thus
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, older
job
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seekers have to be competing with the new workforce in order to make a living. To tackle
this
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problem, the government should increase pension payments for older workers in order to prevent the need for work after a certain age like 65.
Therefore
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,
people
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will get retire after the age of 65 and no need to compete with younger ones.
Besides
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, the government can subsidise housing and some community services to reduce the
cost
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of living and reduce expenses.
As a result
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of
this
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approach, the number of
people
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competing in one
job
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can be reduced dramatically. To sum up, the high
cost
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of living and imbalance between
job
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demand and supply cause lots of competition in
job
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markets. To tackle
this
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problem, the government should make
people
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retire at a certain age and make sure they have enough money to make a living by increasing the pension and reducing the
cost
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of living.
Submitted by armiario139 on

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Topic Vocabulary:
  • Intergenerational competition
  • Age discrimination
  • Adaptability
  • Hiring practices
  • Workforce diversity
  • Upskilling
  • Lifelong learning
  • Flexible working arrangements
  • Ageism
  • Technological proficiency
  • Productivity concerns
  • Diverse skillsets
  • Legislative protection
  • Employment equity
  • Biases
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