2021-08-24: Germany's working-age population projected to decline 2% by 2045, causing workforce shortage.
Germany's working-age population is expected to decline by 2% by 2045, according to a forecast released on Wednesday. Though its overall population will grow by 0.9%, the number of people aged 20-67 is set to fall by 2%, while the number of those aged 67 and above will increase by 13.6%. German officials warn that the biggest challenge for the economy will be growth constraints due to a workforce shortage, with 1.57 million jobs currently unfilled.
June 19, 2024
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