Joseph Bradley

Jun 27, 2024 | imd.org | Tomoko Yokoi |Jamie Woodruff |Joseph Bradley |Mark J Greeven

Something curious is happening in Europe’s labor markets. On the one hand, employers continue to report skills shortages: according to the European Commission, two-thirds can’t find the talent they need. On the other, the supply of labor has actually increased, with rising retirement ages and economic pressures prompting people to work for longer. The percentage of Europe’s working population who are aged 60 or over has more than doubled over the past 20 years.