Youth population; a time bomb in the making

[Cheema02]

When the environment is not right for the youths, a high youth population would only meam more sufferings and poverty. The youths are known as the leaders of tomorrow but there are no significance to that old story in recent times. This is because even the government are filled with old people who feel to die with the power and authority they possess, so when do youths actually get the time to lead?

This is an economic problem that requires proper deliberation and remedies. When an environment does not support growth, it is only natural to leave that environment for greener pastures.

Your point highlights the struggle that almost every youths can be faced in present time. If a government gives good education and fair job opportunities then a youth with strong population becomes useful for the country. But if Job opportunities and other basic facilities can't be given by government than young youth faces poverty and becomes stressed. Even in this modern era many countries can be controlled by those leaders who can't give these basic facilities to people even leaders realizes that the youth is our future leader. So in this situation talented people of this youth moves abroad for better financial facilities. And migration purposes is not too take fun actually its becomes the requirement of people. So if any government wants to become stronger and wants that there countries at progress then that should invest on their youth and gives them better than better opportunities and in future this youth leads the progress of there countries.

[barbara44]

How does it bring economic instability if there are people with no skills in an economy? The state or private employers don't need to provide everyone with the same kind of employment and pay grades, the employment position and pay should be based on an individual's personal skills and abilities.

Someone who doesn't have any skills will have to work as a labourer, and they can't complain about it because it was their fault for not doing anything and thinking about their future. Similarly, other people with skills should get employment based on what they got to offer, and this can be managed pretty easily without creating any economic troubles for the state.

However, there is one thing that the state can do if they want better economic stability in the future is that they should run programs and stuff to educate the youth as much as possible, give them opportunities, mostly without any cost so that even those who can't afford to pay should also be able to learn and get education, because they can be the future of the country, so you have to make sure that they are capable enough, and if a government does that, the youth will never decide to leave the country and go elsewhere either for better education or employment opportunities.

[DiMarxist]

You made a very great point yes in theory the population of any country is the future of the economy, because a high population means a high man power which will contribute to productivity and economic prosperity. The youthful population of a country tells you how good or bad an economy will be but this is in theory and not in practice. Because the youthful population of a nation can only be helpful to the economy when government has been able to invest in these youths. You don't expect youths that has not been trained in terms of man power development to be productive, countries like China, and most of these Asian countries which there youth population are contributing to the economic development of their countries. Government has made significant human capital development by exposing the youths to acquiring skills, exposure to modern facilities and has given them the best of education.

[Rockstarguy]

Looking at it from the angle that, youths who have not developed skills hugely depend in the economy to provide employment, which then  amounts to economic instability, then you can agree that this could be a bomb waiting to explode, but when we have youth who have developed skill and making innovative moves, we can say that they are the engine of the economy.

The key here is the mentality to develope skills, curbing the need to be dependant on paid jobs, rather becoming employers to a large extent!

Well, it is good for young people to acquire skills to have something to do as they wait for that career job or something better, but I think having skills is not even enough because we still need the support of the government.

When the economy is difficult, it affects the market a lot, and when you have many people with the same skills, it will affect the demand. There are always good benefits when the economy is better. In most countries that are facing economic challenges, there are many young people with skills, but despite the advantages of having a skill, the economy is still struggling and continues to affect the market
.

[passwordnow]

But when you critically look at this a high population doesn't necessarily guarantee a successful economic future, infact it can be seen as a potential economic time bomb.

While that's true but it's part of a recipe to have a good economic growth. With a lot of young population, this means that there will be a longer contribution of these young ones to the growth of their country. We look at countries like Japan and South Korea, they are very well progressed countries but this is one of their worries. They've got lesser young people and few of them don't have to babies anymore and that's because they all think that the economic situation of their countries is bad to have new born. This factor only becomes a ticking time bomb when the government does makes regulation at worse and not favorable to them.

[Makus]

I think the youths in a country are a reflection of the leadership and structure of the country. People that say that the population of youths can be damaging to the economic growth but they fail to understand that if you are talking about youths in a country they are so many advantages of these young people in our society, it becomes a plus to a nation when majority of the youths are doing well and have a few things going on for themselves, the leadership of the country Also has a huge role to play in this as well. It is not a ticking time bomb if it's a functioning country.

[abhiseshakana]

Looking at it from the angle that, youths who have not developed skills hugely depend in the economy to provide employment, which then  amounts to economic instability, then you can agree that this could be a bomb waiting to explode, but when we have youth who have developed skill and making innovative moves, we can say that they are the engine of the economy.

The key here is the mentality to develope skills, curbing the need to be dependant on paid jobs, rather becoming employers to a large extent!

From my observation, demography only supporting factor on economic reality, what more important as economic indicator are economy structure, government institution, technology, capital, political stability and access to global market. So, youth statistics, quality, healthy and productivity can not figuring out future economic condition. Skilled youth without jobs create unemployment, abundant resources and capital without human resources bring limited growth and a good government without young demographic still able to make good progress or be developed country. Beside that not everyone can be an entrepreneur and a countries with many entrepreneurs are not always more developed. What i see in developed country, there are combination of professional workers, researcher, technician, productive employees, large companies with efficient bureaucracy and good governance, which mean healthy growth economy need ecosystem not everybody be a businessman.

Lets take example on some countries; High technology, high productivity, strong industry , big capital and institutional stability make Japan with small youth population and aging population can still be rich and advanced, Japan not doom. South Korea face low fertility and birth rate with aging population but their economy remains innovative because of their high quality human resources. We see demographic bonus failed without good institution in Nigeria, with its big youth population, rich oil resources but unemployment rate are high and inequality also wider. Population size only number not primary determinant can be clearly see in Singapore, small country, strong law enforcement, high capital from inward investment, good educational, without youth boom but very rich. So i conclude the formula of economic progress / development are demography , education, investment, industry, institution, stability, technology, and equal access.

[yhiaali3]

Yes, the increasing population growth of young people will turn into a ticking time bomb if their energies are not properly invested and if the appropriate environment is not provided to develop their skills and secure suitable job opportunities that guarantee them a decent life.

This is a problem in most developing countries, where Youth suffer from a lack of opportunities, resources, or even low salaries that do not meet their needs and aspirations. Therefore we find that most of them think about migrating and looking for better job opportunities in developed countries, which in turn suffer from illegal immigration and the transfer of job opportunities from local youth to immigrants.

[Bigjoe33]

Youth Youth power can play the most important role in the economy of a country. Because at that age, they are most enthusiastic and if they try to use themselves for the development of the country in that enthusiasm, then the development of the country is achieved due to their work. For this reason, the government of every country tries to utilize the youth power of its country, that is, take various steps for the youth, one of which is to provide them with various basic training and ensure that they can use that basic knowledge to work in the interest of the country.

And on the contrary, when the government fails to hold unto the youths, prepare programs that will be captivating for the youths aaand draw them close, been part of there school learning process by ensuring they go through skill princesses, providing them with available skilled jobs that will kill them busy and earning immediately after schooling etc, then there will be a problem and the menace will continue.

It's true that in some developing countries where the government has failed to put effort or to work few of the things mentioned above or others, then the youths will find there way. And trust me, many of them get into wrong thing ls and this in turn affects the society when the youths are destructive rather than been useful and productive

[Darker45]

It's not a problem if the youth are dependent on jobs. Why should we worry about that? And why does it amount to economic instability if the youth are dependent on the economy to provide employment? Shouldn't it be the ideal setting? The economy should provide employment to the youth. The economy should be able to generate jobs for the youth. Shouldn't it be the case? What's important is that the youth are competent, generously compensated, not overworked, properly developed according to their interests, and so on.

[Fiatless]

The issue becomes clearer when viewed from Bangladesh's perspective. Our country has a very large youth population but the problem is that education and skill development are not growing at the same pace. Many graduates are coming out every year, but many remain unemployed due to lack of practical skills as per the demand of the job market. This is why it is not certain that the economy will be strong just by having a large youth population. Another big issue is that now many young people depend entirely on the government sector for jobs. As a result competition increases, and frustration also increases. However if the focus on tech, small business or skill based work increases, the pressure could be reduced to some extent.

https://www.visualcapitalist.com/visualized-the-shrinking-future-of-western-populations/

While advanced countries are experiencing demographic problems, developing countries are underutilising their youthful population. China, Japan, and some Western nations are giving incentives to families to give birth to more children because of an aging population. In the case of Bangladesh and other developing nations corruption is their main problem.

The youthful population is an advantage because it could propel economic growth. But when national resources are misused, citizens become a burden rather than assets to the country.

[iv4n]

Funny how people forget they were young too...

Every generation thinks the next one is a "time bomb". Every older generation complains about young people, check the history... and now you think you are going to be a smart ass and teach young people how they should live? And you will complain because they don't live the way you did?

Leave them kids alone!

https://www.youtube.com/watch?v=5IpYOF4Hi6Q

[Uruhara]

But when you critically look at this a high population doesn't necessarily guarantee a successful economic future, infact it can be seen as a potential economic time bomb.

Looking at it from the angle that, youths who have not developed skills hugely depend in the economy to provide employment, which then  amounts to economic instability, then you can agree that this could be a bomb waiting to explode, but when we have youth who have developed skill and making innovative moves, we can say that they are the engine of the economy.

The key here is the mentality to develope skills, curbing the need to be dependant on paid jobs, rather becoming employers to a large extent!

Essentially, having human resources is indeed important. But what is even more important is having high-quality human resources, which must primarily come from the young people who will carry on the next generation. And one thing that must never be forgotten is that today’s youth are being raised by today’s parents and shaped by the environment they currently experience. What they will become depends on their environment and how their parents raise them. Here, “parents” is not limited to blood relations. What I mean is that the government and its people are also like a family, like a father and his children. If we want to build a better generation, the head of the family must also lead effectively, especially in matters of finance or the economy. And what we see today that leads a nation to ruin actually lies in how a government currently leads. Whether it operates honestly or not.

Because even for young people with extraordinary potential, such as what I read about a young man who made an innovative discovery that should have been appreciated by his government and supported with additional funding or similar resources for further development, the reality is that this young man was instead ostracized. And now he has even stopped continuing his research on that discovery due to a lack of funds and insufficient government support.

[tabas]

This is a problem in most developing countries, where Youth suffer from a lack of opportunities, resources, or even low salaries that do not meet their needs and aspirations. Therefore we find that most of them think about migrating and looking for better job opportunities in developed countries, which in turn suffer from illegal immigration and the transfer of job opportunities from local youth to immigrants.

I think that these problems exists for every generation. So, in the past, there have been shortage of jobs as well and the same goes with the new and current generation for the young professionals. But what we've seen, everyone survives and it's likely that despite with this emerging problems for the youth. Soon, they'll also be the adults and in the place of the older professionals. It's human instinct to survive and they'll find wherever the greener pasture is and the mature and progressive countries will also create systems designated for them.

[Coin_info]

Soon, they'll also be the adults and in the place of the older professionals.

Youths will not remain youths forever, they will definitely grow into adulthood and it happens very quickly even before some of them are able to notice it, they will take up job roles that were previously occupied by older individuals but have now been retired but I feel a way to make sure that there is a free flow of individuals into the job market and out, maybe retirement age should be considered, so that people who have been working in the service for a long time can go and rest and be under pension. But if retirement age is reduced, do you think it will be appreciated or frowned against by the older people?

[tygeade]

The "we are going to be going to doom due to lower population numbers" thing is a lie. There is no need for higher population. In fact, we need less. Because unemployment would not be an issue if we were half as populated as right now. I would say, those rich whales will need workers and will have to pay you more, because we are populated heavily, they can pick whoever they want, and pay little, because they know if they fire you, they can hire someone cheaper.

But if we were 4 billion instead of 8 billion (and every nation is half population of right now) then I promise you, they will have to pay decent amount and try to not lose their workers because then if they fired you, they may not find someone as good as you and that is why your value would be high.

[tabas]

Soon, they'll also be the adults and in the place of the older professionals.

Youths will not remain youths forever, they will definitely grow into adulthood and it happens very quickly even before some of them are able to notice it, they will take up job roles that were previously occupied by older individuals but have now been retired but I feel a way to make sure that there is a free flow of individuals into the job market and out, maybe retirement age should be considered, so that people who have been working in the service for a long time can go and rest and be under pension. But if retirement age is reduced, do you think it will be appreciated or frowned against by the older people?

I think many will appreciate if the retirement age is reduced. That is because many will be problematic about the AI emergence and the taking over of jobs as well. So, the younger the populace is, the unknown opportunities that will cover them. Too many youths are even thinking what they'll be in the future because of AI. But with new technologies, new problems, new opportunities are also going rise I believe. As for the reduction of age retirement, it depends on the company if they allow the early retirement but it will be better if a government law mandates the adjustment of it.