The current state of the labor market is under critical scrutiny

Technology: The current state of the labour market is under significant scrutiny as experts assess the implications of demographic changes. Concerns about the adequacy of the workforce due to an aging population are pressing, raising the question of whether raising the retirement age could be a viable solution.

Individuals and policymakers are grappling with how long people should work before retiring. Some advocate a gradual increase in the retirement age given rising life expectancy and the need for a stable workforce. Government initiatives such as programmes aimed at supporting parents in the workforce are also analysed for their effectiveness in tackling labour shortages.

In addition, the impact of new technologies, particularly artificial intelligence, on job roles cannot be ignored. As AI continues to develop, it is changing employment dynamics, demanding new skills and adaptability from workers. Prof. Agnieszka Cholan-Dominczak addresses these challenges and emphasizes the need to align educational and training programs with labor market needs to ensure a smooth transition into the future workforce.

In summary, the interplay between demographic change, retirement policies, and technological advancements presents a complex web of challenges that require thoughtful investigation and strategic action to maintain a robust labor market.