In 1948, the first year for which data are available, the labor force participation rate for people 65 and older was 27.0%.31, 1615 L St. NW, Suite 800Washington, DC 20036USA Mapping America’s response to the coronavirus pandemic compared with other countries hasn’t been a simple task, not least because of the densely obscuring smoke issuing from the Trump White House. The U.S. is home to more immigrants than any other country—42.8 million in 2010, compared with 12.3 million in Russia, the second largest. Asked about their satisfaction with life on a scale of 0 (worst possible) to 10 (best possible), Americans age 50 and above reported an average score of 7.1, behind Denmark, Norway, the Netherlands, Finland and Sweden. Some countries that are already among the oldest in the world—Germany, Italy, Spain and Japan—may find that their old-age dependency ratio has doubled by 2050. Still, striking areas of weakness are highlighted in the analysis: rates of poverty among older adults in the U.S. are high; income inequality is pronounced; public expenditures for long-term care are low; tension between older and younger generations is palpable and healthy life expectancy is below that of several other nations. Because immigrants are not immune to getting older, preventing population aging is even harder. Nor is it quite as good. Europe is headed down the same demographic path. In these countries the working-age population is projected to increase in size relative to the youth and senior populations combined by 2050. The share of immigrants in the U.S. population (13.8%) is the third highest of all countries featured in this report, behind only Israel and Spain.19, Immigrants have added to the U.S. population generally and to the population of women in their childbearing ages. A Solid Liberal? Although overall economic growth may slow, per capita output may not be affected. The difference of 16 years is computed from unrounded figures for the median age. According to the UN projections, Australia’s population will increase by 51% from 2010 to 2050 and Canada’s by 33%. Meanwhile, in its Global AgeWatch Index released Tuesday, HelpAge International ranked the United States #8 among the best countries to grow old in, ahead of France (#18) but trailing Norway, Sweden, Switzerland, Canada, Germany, Netherlands, and Iceland (#1-7). Across the countries examined in this report, projections show that the U.S. population will grow at a faster rate than the populations of European and several East Asian and Latin American countries. South Korea is expected to catch up to Japan by 2050 as its median age also increases to 53 by mid-century. With the exception of Nigeria and Kenya, all countries in this study are set to experience large, proportional increases in the old-age dependency ratio. Thus, people in these two populous countries in Africa will remain half the age as those in the oldest countries included in this study. (For some countries, data was not available for all of the measures.). Numbers, Facts and Trends Shaping Your World, Although the population in the U.S. is getting older and growing more slowly than in the past, the demographic future for the U.S. is robust in comparison with other countries. Other writers treat the perceptions of middle-age people regarding their own old age. Nigeria is likely to move from being the seventh most populous country in 2010 to the third most populous by 2050. New analysis by Age International finds that diseases commonly associated with ageing (ischaemic heart disease, stroke and COPD) make up three of the top four causes of death in low- and middle-income countries[4]. annabanana0910. The U.S. and other countries have made dramatic progress in lowering mortality from diseases of the circulatory system. Reality Overview and Executive Summary . Five facts about the QAnon conspiracy theories, What Biden and Trump voters say they want the other candidate’s supporters to know about them, What the 2020 electorate looks like by party, race and ethnicity, age, education and religion, How Trump compares with other recent presidents in appointing federal judges, http://data.worldbank.org/indicator/SM.POP.TOTL.ZS. Freeman (2006) argues that per capita output, not total output, is the more appropriate metric for economic policy. These include good governance; high saving rates; investments in infrastructure, schooling and public health; policies promoting gender equity; and openness to trade and foreign investments.28 The implication is that countries currently on the cusp of the demographic dividend—India, Pakistan, Egypt, Nigeria and Kenya—perhaps cannot assume that economic benefits will automatically flow to them. The share almost doubles in Argentina, rising to 19.4% in 2050. Altogether, information from 30 countries is included. Asia is also notable for leading the world in the size of the older population with 341 million people 65 and older. A UN report that examined the issue finds that Japan, South Korea and countries in Europe would have to raise their immigration levels multiple times beyond current levels just to maintain a constant total population.23 For example, to prevent their populations from decreasing, Germany would have to roughly double its annual intake of immigrants between now and 2050 and Russia would have to quadruple its annual inflow. The growth in a country’s population and changes in its age composition are often linked to the economic prospects for that country. To complete the subscription process, please click the link in the email we just sent you. It is human nature to assume that everyone sees you in the same light that you see yourself. The principal economic implication of an aging population is that it potentially reduces the share of the population that is in the prime of its working life. The median age should increase by 16 years in South Korea, from 38 in 2010 to 53 in 2050.24 Double-digit increases are also expected in India, China, Indonesia, Pakistan, Iran, Egypt and Turkey. Alternative measures of dependency ratios define the working-age population to be ages 20 to either 64 or 69. Among other countries where populations are on the rise, the U.S. is likely to outpace Britain, France, Spain, China, South Korea and South Africa. Nigeria stands out in this list because the increase in its population—280 million—is exceeded only by India, a country with a much larger base.18 The populations of several major countries—Russia, Germany, Italy and Japan—are expected to shrink. The rapid increases in median age are a reflection of the rising proportions of seniors (65 and older) in the populations of all countries. The John A. Hartford Foundation provided funding for the project, along with the MacArthur Foundation. It’s a confusing and unnerving time in our world. 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