In the upcoming decades, Germany risks losing a seven-digit number of workers due to demographic change unless we take countermeasures. One lever is to retain older people in employment. Over the past ten years, the labour force participation rate of people aged 55 to under 65 years has already risen more significantly than that of people aged 15 to under 65 years. Employment subject to social insurance contributions of people aged 55 to under 65 years has also risen considerably in recent years.
As compared to the rest of Europe, the labour force participation rate and the employment rate of older people in Germany are above average. Nevertheless, older people are still more affected by unemployment than the average, even if the unemployment rate has come closer and closer to the overall rate by 2020. The chances of finding a new job, on the other hand, have not improved in the past ten years. Older people are still at a disadvantage here as compared to younger people.
The IAB addresses these and other aspects concerning the topic of “older people in the working world” in its research. On this special page, we have compiled relevant IAB publications and projects for you. They include numerous other important aspects such as old-age poverty, working conditions and working hours, the ongoing discussion about the retirement age and the effects of retirement at 63, the consequences of the coronavirus crisis, the integration of long-term unemployed older people into the labour market as well as regional differences.
Activities
- Publications on the topic: Older People in the Working World
- Projects on the topic: Older People in the Working World
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