PORTLAND: Cities need to prepare for an older citizenry. A new report called “Aging in Cities,” from the Organisation for Economic Cooperation and Development (OECD), a membership group of 30-plus countries that focuses on the global economy, notes:
In OECD countries, the population share of those over 65 years old reached 17.8 percent in 2010, up from 7.7 percent in 1950, and is expected to climb to 25.1 percent in 2050. Cities are home to 43.2 percent of this older population.
Examining OECD cities the report defines sustainable development trends and suggests policies — and points out that while there are challenges to adapting, there’s also opportunity.
The challenges are:
2. Labor force is aging, leading to a decrease in the supply of labor force.