The working-age population of developed countries is reaching a turning point of decline.
According to the website of the French newspaper "Le Figaro" on July 10, this is a historic turning point. In most wealthy countries of the Organization for Economic Cooperation and Development, the working-age population between 20 and 64 years old has stopped growing. According to OECD estimates, the working-age population in all its countries will be 820.5 million by 2024. This year, the figure is estimated to be 820.2 million. In the preface to the employment outlook report released on Wednesday, Stefano Scarpetta, Director of Employment and Social Affairs at the OECD, predicted: "With the baby boom generation exiting the labor market, the working-age population in OECD countries has begun to decline, and this trend is expected to continue until 2060."
Latest