Some people think that in countries with high unemployment, the retirement age should be lowered to allow more young people to get jobs. What would be the advantages and disadvantages of doing this?

Nowadays, the high unemployment rate is founded in some countries. Because of
this
, some individuals believe that more young
people
will receive job offers if the
retirement
age should be lowered.
This
essay will examine both benefits and drawbacks of
this
controversial issue. On the one hand, there are some advantages of early
retirement
for senior employees.
Firstly
, many job
positions
will be available for younger
people
.
As a result
, some younger employees might get promoted to higher
positions
as replacements for senior individuals who already left the companies.
Secondly
, those older citizens who are retired early would have more chances to relax and do something else after they have worked hard for their whole life
such
as gardening, crafting and spending time with families and pets.
On the other hand
, the drawbacks of early
retirement
might
also
be founded.
To begin
with, it is an undeniable truth that many management
positions
in both private corporations and government organisations,
such
as CEO, board of directors, president and minister, usually are filled with senior
people
because those jobs require extensive working experience. If we lower the
retirement
age, some organisations will lose their valuable human resources which cannot recruit young
people
to replace them.
Moreover
, there are many alternative solutions to solve the unemployment rate.
For example
, the government should issue tax subsidize campaigns for unemployed
people
who want to set up their own businesses.
Also
, the government should provide various types of training
such
as cooking, basic finance and accounting, and basic programming to those who cannot find jobs so they can have more skills that are suitable for market requirements. To conclude, allowing young
people
to get jobs by lowering the
retirement
age is believed to bring about benefits in solving the unemployment situation.
However
, it is undeniable that some
positions
cannot be replaced by younger individuals.
Thus
, alternative methods should be implemented to increase the employment rate in countries.
Submitted by PIMFUNSUK on

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