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Part 3

Band 5+: What are the long-term implications of an aging population for the global economy and social welfare systems?

Note: Both the topic and the answer were submitted by one of our users.
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Polished transcript:
Male Female
One of the consequences of an aging global population is a large unemployment rate. If there is a large aging global population, then younger workers should work twice as much as they did because they have to make a lot of money and fill many job spaces. This means there would be a lot of available working spaces, and there would be fewer people in the workforce because there are many older individuals. These are the consequences.
Actual audio transcript (What native speakers are likely to hear):

One of the consequences of an aging global population is a large unemployment rate. Because if there is a large aging global population, then younger workers should work as twice as they did. because they have to make a lot of money and fill a lot of job spaces and that means that there would be a lot of free working spaces and there would be fewer people because there are a lot of old people so there are the consequences.

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Speaking Time: 31 seconds

Answers On The Same Topic:

What are the long-term implications of an aging population for the global economy and social welfare systems?

The aging population means less working population, so I feel like when the working population decreases, the social economic system on that country will decline as well eventually. If the aging population is not followed by new working population and happens in the long term, it would be a big country, so it would be […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

From my perspective, long term implications of an edging power illusion have a significant impact on social welfare systems because older persons need more health care when they get and also in jobs opportunities if they constantly working for companies are government so it might be difficult for young generations to find a job in […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

I consider the implication for global population is going to be impacting all people, especially in the healthcare system and social security programs. It’s well known that recent generations are more percentage of older people, not only young people. So this might cause lack of attention for all the population of old people, but also […]

What are the long-term implications of an aging population for the global economy and social welfare systems?

The coming of aging society needs to be reduced in the labor world and it’s caused a lot on the healthcare system. Especially in Thailand, we have a universal coverage that many people can’t access to the hospital easily because they are just paid for 30 baht and can get a good medical so which […]

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