Page 10 - Aging Workforce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stuff. >> anthony: but that's wrong always. >> goh: creativity is not a flavor, tony. >> anthony: most hawker stalls are family run operations, and whampoa is no exception. what's unusual is that li ruifang left her white collar job to work alongside her parents, bucking a trend that has left the hawker centers with an aging workforce, unable to replenish generations of expertise with new blood. >> goh: when you look around, tony, you look at all the hawkers, more than 70%, 80% of them are 50 and above. so the tipping point will come where everybody will give up their stall because their child...

>> anthony: but that's wrong always. >> goh: creativity is not a flavor, tony. >> anthony: most hawker stalls are family run operations, and whampoa is no exception. what's unusual is that li ruifang left her white collar job to work alongside her parents, bucking a trend that has left the hawker centers with an aging workforce, unable to replenish generations of expertise with new blood. >> goh: when you look around, tony, you look at all the hawkers, more than 70%, 80% of them are 50 and above. so the tipping point will come where everybody will give up their stall because their children hav...

Ago. it is falling and has improved during obama's tenure. the labor rate is down. 62.4% of working age are working or looking for work. that is the lowest since 1977. that is due to the aging work force. part of that is the baby boomer generation. some people feel left out by the recovery. the number of americans living in poverty is climbed by 7 million. that is true. that's more than bush said. the percentage of americans in poverty is now declines. a lot of the context around the claims and attacks against democrats and president particularly on the economy, all of the context has to be sa...

It and say we can cheri pick this. i there and shockingly it's a challenge nobody will face which the cbo is essentially saying we've got a long-term economic stagnation problem. they talk about that the short term economy is going to grow. essentially they're saying in the next ten years, we're not going to grow the way we could grow for a couple of region. the a -- reasons. we have an aging workforce. that's also an argument for immigration reform. you want to get new workers into the country, get younger workers into the system. the other big thing is the deficit load. so if you take out so...

People working today -- >> bob: how many people out of the workforce go to social security? this is an aging workforce. >> eric: that is what is happening. they're leaving the workforce and going on the public dole. >> bob: social security is public dole? they pay for it. >> kimberly: it's meaningless when you say 163,000 jobs added in july. guess what? a gaping hole and pouring through with people who are now long-term unemployment, losing jobs. we are not adding back in enough to make a difference. >> bob: you know people who turn old enough to get social security every month? it's tens of h...