Older People in the Labour Market

By Statistical Office of the Republic of Slovenia

Population ageing is one of the greatest social and economic challenges of the 21st century Europe, since due to longer life expectancy the number of older people (aged 65 or more) is constantly increasing. The publication describes the current demographic situation and on the basis of population projections predicts what lies ahead. We examined how many people in Slovenia are still in the labour market after completing 50 years of age and once again found that the ratio between the number of persons in employment and the number of retired persons is constantly getting worse and that despite some recent changes the pension system will very soon become unsustainable again. Demographic predictions and the current pension system call for reforms; they will have to focus on making people work longer, which will have to be balanced by the arrival of young people on the labour market. However, with the current economic crisis this will be a tough nut to crack.

• Language: English
• Publisher: Statistični urad Republike Slovenije
• Release date: Mar 18, 2014
• ISBN: 9789612392918

Statistical Office of the Republic of Slovenia

Statistical Office of the Republic of Slovenia is the main producer and co-ordinator of carrying out programs of statistical surveys. In addition to linking and co-ordinating the statistical system, its most important tasks include international co-operation, determining methodological and classification standards, anticipating users' needs, collection, processing and dissemination of data, and taking care of data confidentiality.

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Older people in the labour market

Original title: Starejši na trgu dela

Lenart Lah

Irena Svetin

Barica Razpotnik

Translated by

Boris Panič

Published by the Statistical Office of the Republic of Slovenia

on Smashwords

The publication is available at www.stat.si/eng/pub.asp

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LAH, Lenart Milan

Older people in the labour market [Elektronski vir] / Lenart Lah, Irena Svetin and Barica Razpotnik ; translated by Boris Panič. - El. knjiga. - Ljubljana : Statistical Office of the Republic of Slovenia, 2014

Prevod dela: Starejši na trgu dela

ISBN 978-961-239-291-8 (ePub)

1. Gl. stv. nasl. 2. Svetin, Irena 3. Razpotnik, Barica

272697344

Issued and published by the Statistical Office of the Republic of Slovenia, Ljubljana, Litostrojska cesta 54 – © SURS – Use and publication of data is allowed provided the source is acknowledged – ISBN 978-961-239-291-8

INTRODUCTION

Ageing is a biological process that brings psychological and social changes into a person’s life. For successful coping with changes it is important and necessary to be strong in several areas.

Population ageing is one of the greatest social and economic challenges of the 21st century Europe, since due to longer life expectancy the number of older people (aged 65 or more) is constantly increasing. It is important to be well and timely prepared for the changed demographic situation; in health care, social welfare, labour market and pension system. All these issues are discussed in this brochure in which we tried to describe the current demographic situation and on the basis of population projections predict what lies ahead. We examined how many people are still in the labour market after completing 50 years