The world’s population has increased tremendously over the past few decades. Currently, the majority portion of a country’s population comprises children and the adolescents when the census indices are carefully studied. This has led to disproportion among various age groups leading to a variegated picture.
The main disadvantage of the current situation revolves around the un-employment that occurs resultantly. To clarify this, I would argue that the jobs which are created in a specific society over a specific period of time are limited. However, when the number of population indices reverses favouring the young, tough competition arises leading to a dramatic increase in un-employment. To give a clear example, Pakistan is among those countries that witnessed a rapid increase in the population over the last twenty years. This has contributed significantly towards a surge in younger graduates looking for a job.
Contrary to this, the benefits of such a situation pivot around the human resource which plays a major role in the growth of a country. By this I mean that as the number of earning hands increases, it leads to a rapid growth in the national exchequer. For instance, many European countries especially, Denmark, Finland and Norway are struggling hard to run their systems smoothly due to the non-availability of manpower. Other countries like Japan are propagating special packages to import literary people from around the world due to a sharp decline in their population growth. Moreover, the elderly now constitute the majority thus straining meagre resources due to increased expenditure on their health care and rehabilitation.
To conclude, young people are a double edge sword, helping the country’s economy in terms of human resource on one hand while adding to the liabilities on the other as far as employment and other social sectors are concerned.
The world’s
population
has increased
tremendously
over the past few decades.
Currently
, the majority portion of a
country’s
population
comprises children and the adolescents when the census indices are
carefully
studied. This has led to disproportion among various age groups leading to a variegated picture.
The main disadvantage of the
current
situation revolves around the
un-employment
that occurs
resultantly
. To clarify this, I would argue that the jobs which
are created
in a specific society over a specific period of time
are limited
.
However
, when the number of
population
indices reverses
favouring
the young, tough competition arises leading to a dramatic increase in
un-employment
. To give a
clear
example, Pakistan is among those
countries
that witnessed a rapid increase in the
population
over the last twenty years. This has contributed
significantly
towards a surge in younger graduates looking for a job.
Contrary to this, the benefits of such a situation pivot around the human resource which plays a major role in the growth of a
country
. By this I mean that as the number of earning hands increases, it leads to a rapid growth in the national exchequer.
For instance
,
many
European
countries
especially
, Denmark, Finland and Norway are struggling
hard
to run their systems
smoothly
due to the non-availability of manpower. Other
countries
like Japan are propagating special packages to import literary
people
from around the world due to a sharp decline in their
population
growth.
Moreover
, the elderly
now
constitute the majority
thus
straining
meagre
resources due to increased expenditure on their health care and rehabilitation.
To conclude
, young
people
are a double edge sword, helping the
country’s
economy in terms of human resource on one hand while adding to the liabilities on the other as far as employment and other social sectors
are concerned
.