2018
DOI: 10.1002/wow3.127
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Population ageing and future labour market challenges

Abstract: The chapter provides an overview of the labour market challenges posed by a fast ageing global population. It shows that, while the ratio of potential retirees per person participating in the labour market is expected to increase markedly by 2030, the average age of those in the labour force is also set to gradually increase over the same period. These dynamics pose the dual challenge of keeping retirees out of poverty while promoting decent work outcomes for the growing share of older workers in the labour fo… Show more

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Cited by 20 publications
(14 citation statements)
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“…Demographic changes and population aging around the world including the Arab countries imply increasing the average age of the labor force and workers with health problems which can lead to decreased work ability (Kühn et al, 2018). The healthcare providers are exposed to high levels of physical, mental and emotional stressors that can influence their performance and efficiency and have a negative impact on their work ability and health-related quality of life (Costa et al, 2005;Koinis et al, 2015;Mehrdad et al, 2016).…”
Section: Discussionmentioning
confidence: 99%
“…Demographic changes and population aging around the world including the Arab countries imply increasing the average age of the labor force and workers with health problems which can lead to decreased work ability (Kühn et al, 2018). The healthcare providers are exposed to high levels of physical, mental and emotional stressors that can influence their performance and efficiency and have a negative impact on their work ability and health-related quality of life (Costa et al, 2005;Koinis et al, 2015;Mehrdad et al, 2016).…”
Section: Discussionmentioning
confidence: 99%
“…Thus, within a certain perspective, there will be a drag in labour productivity for the businesses where physical attributes of jobs are relevant, due to the decrease of physical attributes with age, "such as physical strength, energy, and dexterity" (Sharpe, 2011, p. 86), as well as flexibility and adaptability (Smith, 1996;Verhaeghen & Salthouse, 1997), along with a significant increase of the share of working aged group (55-64 years) compared to the younger working force, due to the reduction of the birth rate (Kuhn et al, 2018). On the other hand, senior workers embed significant knowledge, cognitive skills and expertise and can benefit from their work experience, gaining managerial abilities with age (Ericsson & Lehmann, 1996;Ilmakunnas et al, 2004;Kuhn et al, 2018;Salthouse, 1984). Therefore, in professions for which these skills are essential, "such as judges, university presidents, top performing individuals" (Lehman, 1953, in Sharpe, 2011), it will lead to a higher productivity.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Despite the difference, it is noticeable the share of this sector in both developed and developing economies is increasing with each passing year. Moreover, jobs in the service industry are expected to boost employment growth in the future; while the rate of employment in agriculture and manufacturing industries will be on a decline, according to the Kühn et al (2018) World Employment and Social Outlook.…”
Section: Discussionmentioning
confidence: 99%