Europe’s population is ageing and has experienced natural decline since 2014, cushioned only by net migration. The working-age population is shrinking as the number of older individuals grows, a trend expected to continue with the retirement of the baby boom generation. This shift presents challenge
The European population is living longer than ever before and has had a natural negative change since 2014 outnumbered only by the positive net migration (Eurostat 2023). The age profile of society is rapidly increasing with the number of people older than 50 years growing steadily.
There’s a demographic shift sweeping Europe: people are living longer and working longer. Older workers, however, face significant labour market barriers.
