Older Workers Will Have to Delay Retirement as Fertility ‘Plummets’, Warns OECD

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He stresses that immigration "is already helping to sustain the working-age population and reduce labour shortages", but points out that for it to be "a factor of change" net migration rates have to be higher than historical values

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The ageing of the population is a problem shared by many developed countries with a special impact in Spain. In its report on employment prospects published on Wednesday, the OECD estimates that the Iberian country will suffer the biggest drop in the employment rate until 2060 due to an increasingly advanced citizenship. Paris-based organization warns that this phenomenon will not only reduce the volume of workers in relation to the total popula…

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The outstanding subject in Spain is still the unemployment rate, the latest data show that our country doubles the OECD average in unemployment, and therefore this same organization recommends us to increase regular immigration and activate older workers, in order to ensure economic growth in the face of the foreseeable decline of the population. 10.3% less workers in 2060According to the report of the Organization for Economic Cooperation and D…