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Will Europe’s young workers have to pay more for the old?

Many European Countries are seeing their workforces shrinking, will young workers have to pay more for the old?

Recent protests in France oppose plans to raise the retirement age from 62 to 64.

The demonstrations stem from a government plan so people would work -and pay into the pension system - for longer. There’s also concern about what that change might mean for those who are many decades away from pension age.

France isn’t the only country facing economic efficiency challenges as populations age and leave the labour market. As more people leave Europe’s labour market, will young workers have to pay for the old?

The Inquiry hears also about the productivity challenges facing Spain and Germany.

Anne Elizabeth Moutet is a French columnist for the Daily Telegraph newspaper
Bart Van Ark , Professor of productivity studies at the University of Manchester
Prof Marcel Jansen, an economist from the Autonomous University of Madrid
Stefano Scarpetta is Director for Employment, Labour and Social Affairs at the OECD

Presenter Charmaine Cozier

(Protesters at the rally against Macron's pension reform, Paris, France. Credit: Telmo Pinto/Getty Images)

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23 minutes

Last on

Sun 23 Apr 2023 11:06GMT

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