Aging workforce

Foresight

How a smaller labour force shall provide for a larger proportion of retired persons is increasingly a matter of concern in some regions of the world. Rising old-age dependency ratios will put unprecedented stress on the financing of public pensions, especially in a slow growth environment. | Related megatrends: Work
Ageing societies have implications for resource distribution, and there is a need to address the issue of the institutions having the capacity to adjust the systems for savings, investments in human capital, labour supply and public intergenerational transfers.
The structure of the workforce may need to change: older workers will need to work longer and learn new skills, and the workforce may need to be supplemented by migrants and automation. | Related megatrends: Work; Migration; Technology
The most effective way to tackle the negative consequences of an ageing population in the EU is to increase labour force participation. | Related megatrends: Work

Originally Published \| Last Updated	24 Sep 2018 \| 10 Dec 2019
Knowledge service \| Metadata	Foresight \| The Megatrends Hub \| Increasing demographic imbalances
Digital Europa Thesaurus (DET)	age discrimination Education integration of migrants Jobs population ageing

Competence Centre on Foresight