Home > Uncategorized > Graph of the day. Employment of ‘older’ people in the EU

Graph of the day. Employment of ‘older’ people in the EU

Rate

According to Eurostat, “The employment rate of older people has increased in both in the long term since 2002 and in the short term since 2009. The positive trend has been consistent for both men and women over the entire time period. Because the employment rate for older women has grown faster than for older men, the gap between men and women has narrowed slightly“. Which means that at least part of the dreaded ‘dependency’ crisis has been solved: less 55 to 64 year olds are dependent, more have a job (which means that the denominator of the dependency ratio also increased). Developments in countries like Germany and Italy are in fact: spectacular. Even in Spain – which saw a mind numbing increase of unemployment after 2008 – the percentage of 55 to 64 years old with paid work increased. The crisis struck countries Portugal, Cyprus and Greece were however the only countries were the employment rate for older people decreased, due to the increase in unemployment. Aside for the consequences for the dependency ratio, a high employment rate for 55 to 64 year olds is of course a positive development anyway – at least as long as it’s not caused by an increase of crappy jobs. Work has to be dignified, in some way or another. And surely so for seniors.

  1. September 9, 2015 at 3:55 pm

    Thank you for this.

  2. September 10, 2015 at 9:12 am

    With the cold winter approaching, I’m thinking of another sort of migration wherein older people migrate to warmer countries like Greece, Portugal and Cyprus, where in a properly organised world the younger people in those countries would not be working in comerce and manufacturing but in looking after people. Isn’t this what is happening with many of the better off? Saving on energy consumption too …

    • guest
      September 10, 2015 at 12:17 pm

      It is already happening: Germans move to Spain, French to Portugal, British to France.

      It is not happening because of the climate, rather, it is because retirees manage to live decently with their austerity-reduced pensions only in lower-income countries…

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s