The high fertility levels in the past two decades could give rise to “a lost generation,” especially if the educational and nutritional needs of the so-called lockdown generation are not augmented, according to the Popcom.
THE high fertility levels in the past two decades could give rise to “a lost generation,” especially if the educational and nutritional needs of the so-called lockdown generation are not augmented, according to the Commission on Population and Development .
“The high fertility levels of the last two decades were projected to create a bulge of young people entering the workforce up to 2035. This could prove to be a boon for the country if they become effective workers, or a lost generation if they are not employed or are underemployed, which will create a socioeconomic burden for a smaller, employed population,” Perez said in a statement.
“The bane of social unrest and instability will result from increasing poverty in the general population and joblessness among the young Filipinos,” Perez said. Persons aged 15 to 64 years or those who are part of the working-age or economically-active population, reached 69.4 million or 63.9 percent of the population while those in age groups 65 years and over who are old dependents comprised the remaining 5.86 million or 5.4 percent of the total.
Perez added that “this effective workforce is crucial not only to support pensions of older Filipinos but also to cover increasing costs of geriatric health care and social services for disabled and isolated older Filipinos.”
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