Demographic ageing in the EU and the impact on labour-employment prospects and pensions

Abstract

<p>The paper examines the potential volume of<br />employed population, seen from the supply<br />point of view, in selected European countries,<br />in the context of the expected demographic<br />ageing. Our findings indicate that disparities<br />across EU are rather pronounced. Future<br />potential employment varies across countries,<br />because of diverse working-age population<br />trends and various employment rates by age<br />and sex. In a declining working-age population<br />context, an increase in the employment rates<br />could prevent or at least moderate labour<br />force shrinkage. As for pensions, the paper<br />underlines the importance of the employment<br />potential of the non-employed in order to<br />compensate for demographic ageing and<br />therefore for the expected increase in the<br />number of pensioners.</p>