Graying of population can be defined as an ongoing process in which the population is being dominated by the older age people. Old age people are becoming bigger segment of the society which is directly resulting in creating specific policies for the old age people in the society. As the population is using there are many changes which are being implemented into the society by the government as well as other organisations for creating policies for the aging population.
If all of my coworkers are young that does not mean the population is not aging but my specific organisation has highest number of younger people then the total population of United States of America. My company’s policy can be moved towards hiring younger people as well as my workplace can also have more in the people than the aging people.
According to the Maureen Mackey of the fiscal times, 24% of the total population is above age of 50 and 17 million Americans are between the age of 75 to 85. These figures are likely to reach at 30 million by 2050 according to the National Institute of aging.
References
http://www.thefiscaltimes.com/Articles/2010/10/19/The-Graying-of-America-An-Economic-Time-Bomb
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