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green_sky on 08 November 2012
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Soleron said:
green_sky said:
Soleron said:

It seems to be politically taboo to suggest that promised pensions, even those being paid out now, should come down. And the retirement age also needs to go up to 70+, not in 2020 or 2025 but asap. Anyone in the public sector who's retired before 65 (and is still under 65) should be asked to return to work to recieve the full value of their pension.

Pension part is somewhat fine but if those boomers keep on working till they combust than the waiting line for young people to replace them gets even longer. We all can't in video game industry. One of the few places not dominated by those booming people. 

This makes absolutely no sense. Having a greater % of people alive employed is always a better thing. There is not a finite number of jobs.

I might not be anywhere close to right but i am speaking from my experience of studying changing demographics of employment. We already have delayed adulthood for most of today's youth for various number of reasons. There is only so many people companies in the services and other sector can employ before they reach economies of scale. The delayed retirement is having an effect on this. How much it is to blame. I am not sure. 

Youth unemployment is quite a bit higher than overall unemployment. There is no one offering decent starting salaries to graduates even compared to 5-6 years ago. Most end up slightly better if not same compared to people who skipped formal education after high school. Maybe things are better in the UK but from what i read that is not true.