Europes demographic development and the impact on the workforce

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The paper explores the pressing issue of demographic change in Europe, highlighting the disconnect between expert discussions and public awareness, as evidenced by a 2003 study showing over half of Germans were unfamiliar with the term. It emphasizes the urgency of the topic, now prioritized in EU policies, as the ageing population poses significant challenges to employment and economic prospects. With projections indicating a dramatic increase in the over-60 demographic by 2050, the paper underscores the need for policy adaptations to address these shifts effectively.