- Ageing and European labour supply: potential employment gaps and migration
- Cedefop Panorama Series
- Pages (from-to)
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam School of Economics Research Institute (ASE-RI)
Although age distributions differ between countries, the ageing challenge is apparent everywhere. In the coming decades, average age will increase across Europe. As a consequence, the ratio of the working-age population (age 15-64) to the elderly population will decline, meaning relatively less supply of labour, resulting in a potential employment gap. Though different in magnitude, the ageing effect is clearly present in all countries. If EU-25 employment remains at 63 % (as in 2007) the average employment level will have decreased by 30 million persons in 2050. This effect is relevant to the short-term perspective, as the first post-war birth cohorts are leaving the labour market already.
- Proceedings title: Skills for Europe's future: Anticipating occupational skill needs
Publisher: Office for Official Publications of the European Communities
Place of publication: Luxembourg
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