...States began to enter the aging society; an aging population is now over 65 years that is 17.4% of the total population (McNicoll, 67). As the populaces grow older, an escalating share of the working force will be past the age 60 years. Older human resources have often been measured less productive than the younger population, raising the concern of whether the aged workforce will be as well a less prolific one. The American work force or personnel are growing older. As the baby boom cohort passes focal point age and approaching to retirement, a intensifying percentage of the working population will be older than age of 60 years. Process of population aging in China compared to the aging in U.S. population has the following characteristics: First, enter the old society for a long time; the U.S. list of countries into old age has lasted 70 years. Second, the slow development of an aging population in Western countries at the middle level. On the one hand due to higher fertility rates, 2005 U.S. total fertility rate was 2.0 , partly because the United States absorbs a large number of young immigrants , to some extent alleviated the U.S. population aging process. Third, large proportion of the elderly population is elderly. As the population increased life expectancy, the proportion of elderly population in the United States will continue to improve. In the aging population has been increasing in the process, the United States in response to population aging has...
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...Demographic Paper Your name Course # Date Instructor Name The aging population and the Baby Boomers are becoming a dominant demographic in the United States. The Baby Boomer generation is the biggest generation in American history. There are approximately 75 million people in America. The average life span and the age of retirement has increased, the need for medications for a longer period , and chronic illnesses are examples of how the aging population and the Baby Boomer generation will contribute to changes in the health care field. “Future and current demographics play an important role in determining the supply and demand of health care workers” (HRS, p. 3). Projected demographics that will affect health care include the increased life span of the aging population, and geographic location of the population. The rise in the population percentage of the elderly over the next decade will cause a n increase in the demand for more health care workers, and medications. Concerns that the demands for health care professionals will not be met because of the financial stress placed on Medicaid, Medicare, private insurance companies, and the patients out of pocket expenses. Many physicians are in the same demographic as the aging population. These physicians may retire around the same time. The healthcare for the elderly population will increase will less physicians to care for them. Positive changes to the health...
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...The Canadian pension system, funded from the Government of Canada’s general revenues is comprised of three programs. The Old Age Security (OAS) program includes the basic OAS pension, the Guaranteed Income Supplement (GIS), and the Allowance for Survivors.(social work) Old Age Security provides benefits to Canadian residents at the age of 65 and who have resided in Canada for more than 10 years after age 18. To receive the full monthly benefit of $540.12, an individual must have lived in Canada for a period of 40 or more years after the age of 18. OAS benefits are not dependant on paid employment or the income of a spouse or partner. Individuals who earn more than $69, 562 will have their OAS benefits “clawed back” and those with an income exceeding $122, 772 are not eligible to receive the OAS benefit. The Guaranteed Income Supplement provides benefits to low income seniors who are also receiving OAS. The federal government has recently introduced policy changes to the Old Age Security and (GIS) benefits, specifically increasing the age of eligibility from the current age of 65 to 67. These changes are to be fully implemented by the year 2029. As an advocate for low income seniors, the policy changes to the OAS/GIS eligibility requirements will be analysis and recommendations will be made that there is no financial reason to amend the Old Age Security Act and in doing so the adverse affects to lower income earners will be numerous. The Canadian government, under Conservative...
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...http://www.wmitchell.edu/elderlaw/topics/biblios/davidson.pdf. The challenge will come to the United States in 2030. The baby boomers have higher expectations. The baby boomers have attitudes that exceed the norm. This is the generation that fought for rights for women. This is the generation that fought for rights of all. The baby boomers had children later in life, putting their career first. It is essential that the United States begins to prepare the nursing homes for the diverse part of the elderly. The baby boomers, in general, are a diverse group of individuals. The nursing homes will have to make room for this generation of elderly. The nursing home community is not prepared for the large number of gay and lesbians that will be aging and needing long term care. As the gay and lesbians age, this particular population of elderly will have many obstacles to overcome. First off the realization that there is a severe shortage of nursing homes that specialize in the care of the Gay, Lesbian, Bisexual,, and Transgender community. Not only will this particular diverse group need normal medical care and long term care, but in addition to this they will need the understanding, respect, and acceptance of their lifestyle. Coming from the aspect of lack of acceptance of this lifestyle, the elderly gay, lesbian,...
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...NBER WORKING PAPER SERIES IMPLICATIONS OF POPULATION AGING FOR ECONOMIC GROWTH David E. Bloom David Canning Günther Fink Working Paper 16705 http://www.nber.org/papers/w16705 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 January 2011 Support for this work was provided by the Program on the Global Demography of Aging at Harvard University, funded by Award Number P30AG024409 from the National Institute on Aging. The content is solely the responsibility of the authors and does not necessarily represent the official views of the National Institute on Aging or the National Institutes of Health. The authors thank Marija Ozolins and Larry Rosenberg for their assistance in the preparation of this paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2011 by David E. Bloom, David Canning, and Günther Fink. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Implications of Population Aging for Economic Growth David E. Bloom, David Canning, and Günther Fink NBER Working Paper No. 16705 January 2011 JEL No....
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...Associate Program Material Aging and Disability Worksheet Part I Identify 2 or 3 issues faced by the aging population. 1. Often elderly people are discriminated in the work force. 2. They have trouble fitting in as vital members of society. 3. They are often seen as a financial drain on the economy. Answer the following questions in 100 to 200 words each. Provide citations for all the sources you use. • What is ageism? How does ageism influence the presence of diversity in society? Ageism is the discrimination of people or groups of people based on their age. As in all cases of discrimination ageism limits the full potential of diversity. Whenever diversity is not accounted for and held as a valueable resource the outcome of any action that could have benifited from said diversity is also limited in its potential.Older generations have experience that should be highly valued by society. Instead they are in most cases seen as obsolete, but this could not be further from the truth. Elderly people have seen enough in their life to easily foresee reoccurring trends. This is an important position in many firms that usually is dedicated to certain individuals full time. Yet, economics usually provales leading to the dicision to fire the more experienced employee, and hire the younger cheaper employee. • What is the Age Discriminitation in Employment Act (ADEA)? How does the ADEA address issues for the aging population? Age Discrimination in Employment...
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...Economics and Aging Jennifer Burns GRO 330 Social Policy & Aging Instructor: Yvonne Lozano August 5, 2013 Economics and Aging Due to advancements in medicine, and nutrition our nation is living longer. As our nation gets older the last thing anyone wants to worry about is how to afford to live a life that is considered comfortable. The projections for the future are always estimated, and for seniors, their financial status at times is less then secure. The older population faces lower income levels, elevated medical expenses, lowering home values, and an unstable Social Security system. Along with worrying about income, seniors today think about where they are going to live and their failing health. The methods used for planning and saving for a retirement in prior generations are no longer economically sound and would not work in today's global market. The world has changed significantly since this current generation began planning for this stage of their lives. This creates countless financial problems for seniors looking to retire and having money that will last becomes more of a burden rather then enjoyment that is usually associated with retirement. Financial problems occur when retirees do not adjust their lifestyle to fit the new income restrictions. They must prepare emotionally for retirement and be aware of their limitations to steer clear of any financial problems (Carr, 2009). AARP recommends that one should contemplate downsizing...
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...able to build a thriving software industry due to its good educational system which has enabled India to produce a large number of well and highly qualified software engineers. India’s low labor cost has also contributed to the growth of the software industry by increasing the demand for software experts by foreign firms. E.g. USA and European firms import Indian software experts due to the low wages (labor cost). The country’s advantages in the market include the economic reforms which has made industry a powerful force for modernizing Indian’s economy, the industry has also improved India’s economy inform of increased GDP through foreign direct investments, However, India's lack of infrastructure and low standard of living make it difficult for programmers to remain working in India and the economic policies have failed to fully utilize the increasing talent from the University graduates which has led to increased brain drain or influx of It experts into America and the European countries, this high influx may affect India’s economy negatively in the long run, another disadvantage is the India’s overburdened telecommunication infrastructure and electrical grid which has made most industries look for alternative sources of energy, the software industry high depends/cannot function in the absence of these energies and the use of generators which use petrol has a high budget implication on firms. 2. What the likely impact on the Indian economy if its software industry continues...
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...Executive Summary Europe: The aging trend in Europe is in most place they are growing older. According to the European Commission (2012) “while the population of Europe will be slightly higher in 2060 (517 million, up from 502 million in 2010), the population will be much older. While longer lives are indeed a great achievement the aging of the population also poses significant challenges for the economies”. The share of those aged 15-64 is projected to decline from 67% to 56% while those aged 65 and over is projected to rise from 17% to 30%. This will cause Europe to go from have four people of working age to each aged over 65 to a mere two people of working age (European Commission, 2012). ● “The total number of workers is projected to decline by 15.7 million over the forecast horizon to 195.6 million in 2060. ● The decline in the workforce will act as a drag on growth and per capita income, with a consequent trend decline in potential growth. The latter is estimated to converge to below 1,5% in real terms in the long-term in the EU. Moreover, the demographic changes are expected to have substantial consequences on public finances in the EU. ● On the basis of current policies, age-related public expenditures (pensions, health-care and long-term care) are projected to increase by 4.1 percentage points to around to around 29% of GDP between 2010 and 2060”. The economics of depopulation are dark. At full employment, the real GDP has a good chance of declining...
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...9/28/2015 9/28/2015 Shelia Kirksey Shelia Kirksey Trends Paper Learning Team C Trends Paper Learning Team C There are many demographic trends that will influence the future of the human service department. They include terrorism, cultures, aging, and economic hardships. Terrorism became a big part of in our country on September 11. We will never forget where we were that day and what we were doing when we heard the terrible news. The act of terrorism has happened more them once. The bombing of the world trade centers, the crash into the Pentagon, and the aborted flight into a field in Pennsylvania. However, there have been other terrorist attacks out of the U.S. Terrorism is defined as “unlawful use of forces or violence against people or property to intimidate the government or civilian population. The goals of terrorist are to create fear among the public, convince the public that their government is powerless against terrorism and receive publicity for their acts. Terrorist attacks can be international or domestic. Terrorist attacks have changed the way Americans think, see, and do. After 9/11 many Americans would not leave their house and definitely would not board an airplane. They were afraid that more attacks would happen. The airports increased security drastically, more security and police were placed in certain areas, increased research on biological weapons and a color coded five level threat system was made. Terrorist attacks created long...
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...live longer and healthier lives. As people age they become more vulnerable to financial scams, physical, sexual and emotional abuse along with neglect. Recently there have been many programs created to help and assist the elderly. In Phoenix, Arizona, the Attorney General’s office has established a task force against senior abuse (TASA), which was announced on March 4th, 2011 (Arizona Attorney General, 2011). Debra Boehlke of the Attorney General’s office stated “we have victim services division for all kinds of victims, but from the task force of senior abuse what we are trying to do is help prosecute cases for victims (Boehlke, 2011). Elderly persons that have been wronged in some type of fashion can use the services provided by TASA to get restitution and, of course, punishment for the person who committed the crime (Boehlke, 201). Tom Horne, Attorney General for Arizona is committed to making elder abuse awareness, prevention and prosecution a priority (Arizona Attorney General, 2011). The Attorney General’s office is aware of the vulnerability of their citizens and is working to make sure older Arizonians are not victimized (Arizona Attorney General, 2011). TASA works closely with other law enforcement offices, state and local agencies and senior focused groups to assure an aggressive investigative and prosecutorial presence in the state (Boehlke, 2011). Services of TASA have a dedicated telephone number or hotline that the public, caregivers or family members can report...
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...component that can affect as well the access to quality care. Socio – demographic changes linked with chronic illnesses can have an effect on the aging population, which may reduce the quality of life, increase costs for healthcare and rise resource allocation. In point of fact, both labor shortage and socio – demographic changes are exactingly dominant in the admittance to quality care in the United States. Besides, the demand for registered nurses and changes in science is already exceeding supply in U.S. nation, including more implications associated with other ethical dilemmas. Healthcare Labor Shortage People have to realize that progresses in medical technology, increasing expenses and market forces provide to the financial decline of many rural healthcare organizations. In reality, small rural healthcare suppliers, particularly hospitals, cannot meet the costs of the equipment and practitioners needed to treat the range of modern syndrome and injury. In fact, coronary bypass surgery, complex trauma care, artery repair, and other compound procedures will call for enthusiastic remedial teams, utensils, equipments, and facilities as imperative demand. In reply to research library database a coalition stated, “The Center to Champion Nursing in America today launched the Champion Nursing Coalition, a diverse group of...
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...Myths……………………………………………………………………10 Older Workers Benefit Protection Act………………………………………………12 Opinions……………………………………………………………………………..13 World Views…………………………………………………………………………14 The Effects of Aging…………………………………………………………………15 Ergonomics…………………………………………………………………………..16 Technology…………………………………………………………………………..18 Recruitment………………………………………………………………………….19 Integration and Training……………………………………………………………..22 Team Work…………………………………………………………………………..24 Diversity……………………………………………………………………………...25 Abstract Retiring at the age of sixty is not an option or a desire for most American workers today. Organizations must realize the importance of utilizing the experience that older workers possess. Members of the senior workforce are often discriminated against due to outdated stereotypes and misconceptions. Rather than segregating older workers, they should be appreciated for the wealth of knowledge and life experience that they can contribute to association in today’s business world. By eliminating common misunderstanding, organizations can move forward with recruitment, integration and retention programs that would benefit both the seasoned employee and this country’s business industry. The Recruitment, Training, and Management of Older Workers The economic crisis is affecting nearly everyone in America right now. America’s older work force is being forced to face to make tuff...
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...and financial data. In this paper, we will display, DPS’s mission, vision, history, and major competitors. We will explain, in detail, everything that helps contribute to the soft drink giant that we all know today. Background Vision Statement At Dr. Pepper Snapple Group, it is our vision to be the best beverage business in the Americas. Our brands have been synonymous with refreshment, fun and flavor for generations, and our sales are poised to keep growing in the future. Mission Statement Our strategy reflects and builds upon our position as the leading flavored beverage business in the U.S. Accordingly, we focus on: 1. Building and enhancing our leading brands 2. Pursuing profitable channels, packages and categories 3. Leveraging our integrated business models 4. Strengthening our route to market 5. Improving operating efficiency Components 1 2 3 4 5 6 7 8 9 Company NO YES YES YES YES NO YES NO NO Given the mission of Dr. Pepper only has 5/9 of the components; the mission may need some revision. History/Timeline 1885: Charles Alderton, of Waco, Texas invents Dr Pepper. Late 1880s: Morrison, the owner of the store Alderton works at, comes up with the name Dr. Pepper, naming it after a friend of his, Dr. Charles Pepper. At this time, Dr. Pepper has a period. 1891: Morrison and Lazenby form the Artesian Mfg. & Bottling Company, later becoming The Dr. Pepper Company. 1904: 20 million people attend the World's Fair Exposition, in St. Louis and are treated...
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...Consequences of an Older Population SOC304 Social Gerontology Instructor Mandee Rowley April 16, 2012 With each passing day the age of the Baby Boomers will affect our lives on many social levels. This growing segment of our society will soon become the largest aspect of the American society carrying with it the majority of our aging population. The other age groups will be smaller, younger and yet will have to endure the cost of Healthcare for the Boomers that will be living longer requiring more resources than any of their predecessors. The Boomers will take with them into their Golden years a large grouping of income producers and leaving the balance of society to manage growing social costs. The political face of Medicaid, Medicare, Disability, and SSI will more than likely have several court battles ahead of them to ensure government cuts will not strip away the program essentials that will be needed by our aging populations. Healthcare Today we await the Supreme Courts Justices to make their ruling as to whether President Obama’s national health care plan (The Patient Protection and Affordable Care Act) is unconstitutional. The issue at hand is a Governmental mandate that everyone must purchase health insurance. The concern is making this a government decree and not something each state has the oversight and implementation process in. The Affordable Care Act became law in March 2010. With its signing by President Obama came expanded coverage for young adults...
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