7
Impact of Aging on Employment
lSignificant labor and skill shortages
will develop in OECD countries
lWorking age population is declining in
OECD countries -- 8% in EU25
by 2030 – could result in labor shortage of 70-150 M in
EU15.
lLabor shortages by 2020: USA 17M, China
10M
lWill propel massive migration of people
and jobs