Key Trends Demographics/Age
Demographics and age documents will help you to understand key trends and the drivers of change in developing and implementing longer term strategies.
Over the past 20 years, average lifespan in the UK has been rising by about one year every four years. If this trend continues, by 2020 life expectancy will be over 80 for men and over 83 for women. According to the government actuary’s department, more than a million people in their thirties today could live to be 100, compared with about 10,000 centenarians today.
Another significant trend is the fall in the birthrate. The average number of children per UK family was 2.5 in 1960, but this has fallen to 1.6 in 2003. Consequently there are now one million fewer people in their 20s than 10 years ago.
If we combine these demographic trends with trends in working life, consumer spending, education, training and attitudes, we can begin to get a clearer picture of the cause and effect of these trends, of where the potential problems lie, and what action we have to take to prepare for the changing world of work which lies ahead.