In this assignment, you will choose a specific developed market and analyze its current labor policies as they relate to the market’s future labor needs. As the population in developed countries grows older, there will be a need to replace or even supplement the employee pool to fill the open positions left by retirees. Do the current labor policies support an aging population? Specifically, your paper should address the following critical elements:
- A brief introduction of the market you have chosen and what its current labor policies are.
- Discuss if, based on the current labor policies, the market is prepared for when the current population retires.
- If you feel the labor policies do prepare the market, then explain what has been done correctly to support this; if not, explain what needs to change.