The Problem of Re-Employment of Under-Aged Elderly People in China and its Solutions

Abstract

The aging of the population is a significant trend in the development of our society and the underlying background of our labor market for a longer time. Since 2022, China will add more than 12 million older adults every year and will enter a stage of accelerated aging since then. After entering an aging society, the size of China's elderly population will continue to expand, the pace of population aging will gradually accelerate, and the population structure will become unbalanced. Although the aging of the population is irreversible, it can also be an opportunity for us because the elderly population is a vast social resource, especially in the context of the increasing educational level of the elderly population. There is a segment of older people who mostly have the advantage of knowledge, experience, and skills, are still in good health, have great expectations of a happy life, and have a more significant potential to play a role. This segment of the younger age group can still be an essential part of society's workforce.