Posted by The authors of the report also warn that this downward spiral will be ‘very difficult to reverse’ once it is established
IRELAND could go broke and our public services could collapse due to the country’s aging population if key changes aren’t made over the next ten years, a new Government report has warned.
The National Economic and Social Council today published a report on Ireland’s demographics that includes a series of stark warnings about the country’s future.
The study claims that there are a series of “significant demographic shifts underway in Irish society” at the moment due to our ageing population.
Birth rates are falling, the number of children is declining and every year the population is ageing.
Meanwhile, pressure on housing and services are encouraging people to gave smaller families or delay having a family with some people also emigrating out of Ireland.
The report warns that within ten years, there will be more people not working in Ireland than there are workers and this will put significant pressures on the country’s finances as we take in less take and pay out more in pensions and services.
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