Europe continent faces an increasing labour force shortage
As the ageing population rises and fertility rates fall across Europe the continent faces an increasing labour force shortage, according to a recent analysis by GlobalData.
By 2025 more than one-fifth of the population in metropolitan cities will be aged 65 years old and over. The old age dependency ratio, which measures the number of elderly people (population aged above 65), as a share of those of working age (population aged between 15 and 64), is projected to increase from 31.2% in 2017 to 35.3% by 2025 across the EU-28 cities. Most of these cities belong to Germany, the United Kingdom, Spain, Poland, France and Romania (Press Release GlobalData, 26 March 2018).
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