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Demographic Change and the European Union Labour Market

Published online by Cambridge University Press:  26 March 2020

Katerina Lisiankova
Affiliation:
Heriot Watt University
Robert E. Wright*
Affiliation:
University of Strathclyde

Abstract

If current demographic trends continue, the combined population of the twenty-five countries that currently make up the European Union will age rapidly and decline in size in the coming decades. As the EU population ages and declines, so will its labour force, which will likely constrain the labour market and generate lower rates of economic growth. Data from the most recent round of United Nation population projections is used to illustrate the scale of these changes.

Type
Articles
Copyright
Copyright © 2005 National Institute of Economic and Social Research

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