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WEF Warns Global Ageing Puts Immense Pressure on Jobs and Healthcare
M
Moneycontrol•17-10-2026, 12:06
WEF Warns Global Ageing Puts Immense Pressure on Jobs and Healthcare
- •The World Economic Forum reports that the global population aged 60 and above is projected to exceed 2.1 billion by 2050.
- •Existing employment, pension, and healthcare structures are failing to address financial insecurity and caregiving pressures.
- •Financial insecurity, social isolation, and healthcare access difficulties emerged as the top challenges across regions.
- •The WEF highlights the need for continuous learning, reskilling, and stronger social connections to support longer working lives.
- •People aged over 50 currently account for half of global consumer spending, a share expected to reach 60 percent by 2050.
Key Questions Answered
According to the World Economic Forum report, the number of people aged 60 and above worldwide is projected to exceed 2.1 billion by 2050, which is more than double the figure recorded in 2020.
Financial insecurity emerged as the most consistently reported challenge across regions, followed closely by social isolation and difficulties in accessing healthcare and support services.
People aged over 50 already account for approximately half of global consumer spending, and this share is projected to reach 60 percent by the year 2050.
