You should spend about 20 minutes on this task.
The charts below give information about retirement income and employment in three countries in 2017.Summarize the information by selecting and reporting the main features and make comparisons where relevant.
Write at least 150 words.
Information on the sources of retirement income and the employment status of people in three countries in 2017 is illustrated in the given charts.
Overall, it is clear that private sector gave employment to most people in these countries, while public pension was their main source of retirement income, except in Thailand.
The primary source of retirement income in the UK and in Japan was governmental pension (48 and 52%), while this was financial assistance from families in Thailand (41%). The next major sources of the retired in the UK were from their personal pension and investment, which accounted for 23 and 11% respectively. However, in Japan and Thailand, the next major sources were their wages from working and income from business, and this accounted for an average of 30%. The least income came from business in the UK, private pension in Thailand and from investment in Japan.
As per the bar chart, most were employed in all these countries, and this was in private sector. When over half of the total adult population got employed in this sector, around a quarter depended on public sectors in both Japan and Thailand. In the UK and Japan, the rate of unemployed stood higher (23%), whereas it was the least in Thailand (14%).