Forbes on Nostr: nostr:note1ggcvx0n9e2rtsru64rs400y27fv580mfpvp4ngtrn7stynaurq0shnsryy

quoting note1ggc…sryy

China's Elderly Care Graduates Face Challenges in Job Market Amid Growing Longevity Economy
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#eaa1bb53 ver:0.12

China's elderly care graduates face challenges in the job market amid the growing longevity economy. The region's economic growth is slowing down due to an aging population, property-sector slump, and slowing productivity growth. Asia must focus on growth-enhancing reforms and strengthening human and physical capital to attract investment. China's population is aging rapidly, creating a paradox between consumer demand and demographic structure. The silver economy is expected to reach 10% of GDP by 2035. China's senior learning market is projected to grow at a compound annual growth rate of 34% by 2027. The US is also experiencing the impact of an aging population, leading to increased demand for senior living facilities and healthcare services. The challenges posed by the aging population can be transformed into opportunities for growth and development with comprehensive policy reforms. The World Economic Forum has introduced Longevity Economy Principles to address the challenges and opportunities of longevity and generational rebalancing. Collaboration between sectors is crucial for ensuring longer lives are better lives. #ElderlyCare #LongevityEconomy #AgingPopulation...

#newstr #China #Eldercare #JobMarket #LongevityEconomy #AgingPopulation

https://here.news/story/eaa1bb53?ver=0.12