Developing the Global Compact on Migration 2016, para. 9

Paragraph
Paragraph text
Ageing populations have caused a shift in demographics that has led to labour shortages. In 2010, for the first time, more workers were retiring from the European labour market than joining it. By 2030, if trends continue, the labour shortage in Europe is likely to rise to 8.3 million workers. At the same time, many member States of the European Union have fertility rates below the rate of replacement. Similarly, by 2020, large economies such as Canada, China, the Republic of Korea and the Russian Federation will also face labour shortages.
Legal status
Non-negotiated soft law
Body
Special Rapporteur on the human rights of migrants
Document type
Special Procedures' report
Means of adoption
N.A.
Topic(s)
  • Health
Person(s) affected
  • Older persons
Year
2016
Paragraph type
Other
Paragraph number
9