Tag #Demographic Change

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dw.com

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Sep 14, 16:18

Germany's Aging Population Creates Pension Crisis

Germany faces a looming pension crisis due to its aging population and declining birth rate, forcing the government to consider drastic reforms to its pay-as-you-go system.

Germany's Aging Population Creates Pension Crisis

Germany faces a looming pension crisis due to its aging population and declining birth rate, forcing the government to consider drastic reforms to its pay-as-you-go system.

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What is the core issue causing Germany's pension crisis?

Germany's pension system, established in 1955, relies on a 'pay-as-you-go' model where working citizens fund retirees. This is unsustainable due to the post-1960s declining birthrate, leading to fewer contributors supporting a growing number of retirees. By 2039, one-third of the current workforce will retire.

dw.com

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Sep 6, 13:17

Germany Faces Pension Crisis Amid Aging Population and Declining Birthrate

Germany's pay-as-you-go pension system, established in 1955, is facing collapse due to an aging population and declining birthrate, forcing discussions on reform.

Germany Faces Pension Crisis Amid Aging Population and Declining Birthrate

Germany's pay-as-you-go pension system, established in 1955, is facing collapse due to an aging population and declining birthrate, forcing discussions on reform.

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How did Germany's demographic shift contribute to the current pension crisis?

The post-1970s decline in birthrates, coupled with increased life expectancy, resulted in fewer workers supporting more retirees. This imbalance, exacerbated by the aging "baby boomer" generation approaching retirement, undermines the system's sustainability.

elmundo.es

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Aug 25, 04:15

Spain Faces Labor Shortage Amid Aging Workforce and Rising Retirements

In the first half of 2025, Spain's Social Security system recorded 183,696 new retirees, exceeding the 177,450 young workers (under 30) who joined; this growing gap, fueled by the baby boomer retirement wave and low birth rate, presents significant challenges to Spain's social security system and la...

Spain Faces Labor Shortage Amid Aging Workforce and Rising Retirements

In the first half of 2025, Spain's Social Security system recorded 183,696 new retirees, exceeding the 177,450 young workers (under 30) who joined; this growing gap, fueled by the baby boomer retirement wave and low birth rate, presents significant challenges to Spain's social security system and la...

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Decent Work and Economic Growth

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How is Spain's aging population impacting its social security system and labor market, considering the disparity between retiring workers and young entrants?

Spain is facing a labor shortage due to its aging workforce. In the first half of 2025, there were 183,696 new retirees versus 177,450 young workers (under 30) joining the Social Security system, resulting in a net increase of approximately 220 retirees daily.", A2="This imbalance is exacerbated by the retirement of the baby boomer generation. While employment among young people is growing faster than average, and their salaries are rising more quickly than those of older workers, it's still insufficient to offset the rising pension costs. This is further complicated by Spain's high life expectancy and low birth rate.", A3="The shortage will intensify in the coming decade, with 80% of new jobs projected to be replacements for retirees, primarily in healthcare, public administration, and education. This demographic trend poses significant social and economic challenges, potentially necessitating reforms to pension systems and labor policies.", Q1="How is Spain's aging population impacting its social security system and labor market, considering the disparity between retiring workers and young entrants?", Q2="What are the underlying causes of Spain's widening gap between the number of retirees and young workers entering the workforce, and what are the specific economic consequences?", Q3="What policy changes are needed in Spain to mitigate the long-term effects of its aging workforce and ensure the sustainability of its pension system in the face of increasing life expectancy and low birth rates?", ShortDescription="In the first half of 2025, Spain's Social Security system recorded 183,696 new retirees, exceeding the 177,450 young workers (under 30) who joined; this growing gap, fueled by the baby boomer retirement wave and low birth rate, presents significant challenges to Spain's social security system and labor market.", ShortTitle="Spain Faces Labor Shortage Amid Aging Workforce and Rising Retirements"))

usa.chinadaily.com.cn

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Aug 6, 07:18

China Launches Nationwide Childcare Subsidy, Signaling Economic Shift

China's new 3,600 yuan annual childcare subsidy, covering 9 million births and costing over 1 trillion yuan, signifies a national shift towards human capital development, boosting consumption and potentially impacting future social welfare policies.

China Launches Nationwide Childcare Subsidy, Signaling Economic Shift

China's new 3,600 yuan annual childcare subsidy, covering 9 million births and costing over 1 trillion yuan, signifies a national shift towards human capital development, boosting consumption and potentially impacting future social welfare policies.

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What are the immediate economic impacts of China's new nationwide childcare subsidy?

China's new 3,600 yuan ($501) annual childcare subsidy per child under three will provide direct financial relief to families and potentially boost consumption. The program, covering 9 million births annually, could cost over 1 trillion yuan. This represents a significant policy shift toward prioritizing human capital.

npr.org

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Aug 3, 13:15

Chile's Plunging Birth Rate: A Societal Transformation

Chile's fertility rate has fallen to below 1.1 children per woman, driven by high living costs and changing societal views on motherhood, mirroring similar trends in the U.S. and raising concerns about the country's aging population and the sustainability of social systems.

Chile's Plunging Birth Rate: A Societal Transformation

Chile's fertility rate has fallen to below 1.1 children per woman, driven by high living costs and changing societal views on motherhood, mirroring similar trends in the U.S. and raising concerns about the country's aging population and the sustainability of social systems.

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Gender Equality

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What are the immediate consequences of Chile's extremely low fertility rate on its social systems and economy?

Chile's fertility rate has plummeted to below 2 children per woman, a level lower than most European countries and Japan. This decline is driven by factors such as the high cost of living and changing societal views on motherhood, resulting in significant societal implications.

welt.de

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Jul 28, 10:12

Reiche's Proposal to Increase Working Lifespan Sparks German Political Debate

German Economics Minister Katharina Reiche's proposal to increase the working lifespan due to demographic change and rising life expectancy faces strong opposition from the SPD and CDA, who deem it unrealistic and harmful to lower-income groups, while employers largely support it.

Reiche's Proposal to Increase Working Lifespan Sparks German Political Debate

German Economics Minister Katharina Reiche's proposal to increase the working lifespan due to demographic change and rising life expectancy faces strong opposition from the SPD and CDA, who deem it unrealistic and harmful to lower-income groups, while employers largely support it.

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What are the immediate impacts of Minister Reiche's proposal to increase the German working lifespan?

German Economics Minister Katharina Reiche proposed increasing the working lifespan, citing demographic shifts and rising life expectancy as reasons. This sparked immediate criticism from the SPD and the CDA, who argued it was unrealistic and lacked basis in the coalition agreement.

dw.com

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Sep 6, 16:18

Germany's Aging Population Strains Pension System

Germany's pension system, based on a generational contract, faces collapse due to a declining birth rate since the 1970s and an aging population, forcing the consideration of reforms.

Germany's Aging Population Strains Pension System

Germany's pension system, based on a generational contract, faces collapse due to a declining birth rate since the 1970s and an aging population, forcing the consideration of reforms.

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What is the core problem facing Germany's pension system, and what are its immediate consequences?

Germany's pension system, financed by active workers' contributions, is unsustainable due to a shrinking workforce and increasing number of retirees. This is causing increased strain on social systems and intensifying conflicts over resource distribution, potentially impacting investment and skilled labor.

politico.eu

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Aug 28, 07:19

EU Warns of Looming Old-Age Poverty Crisis

The EU warns that without pension reform, 20 percent of Europeans will face old-age poverty, with women at greater risk, due to an aging population and insufficient savings; reforms include digital accounts and automatic enrollment in workplace pensions.

EU Warns of Looming Old-Age Poverty Crisis

The EU warns that without pension reform, 20 percent of Europeans will face old-age poverty, with women at greater risk, due to an aging population and insufficient savings; reforms include digital accounts and automatic enrollment in workplace pensions.

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How do differing national pension systems contribute to the varying levels of old-age poverty risk across Europe?

The traditional European reliance on state pensions is failing due to increased longevity and falling birth rates, leading to soaring costs. Scandinavian countries, with diverse pension systems, are better prepared than others heavily reliant on state pensions, creating significant disparities.

theguardian.com

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Aug 7, 04:14

South Korea's Managed Multiculturalism: Balancing Economic Needs with Social Cohesion

South Korea, grappling with a declining birthrate and aging population, is actively integrating its growing immigrant population (4.1% or 2.11 million) through government-led programs focusing on language support and cultural adaptation, but faces challenges regarding worker exploitation and the nee...

South Korea's Managed Multiculturalism: Balancing Economic Needs with Social Cohesion

South Korea, grappling with a declining birthrate and aging population, is actively integrating its growing immigrant population (4.1% or 2.11 million) through government-led programs focusing on language support and cultural adaptation, but faces challenges regarding worker exploitation and the nee...

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What is South Korea's approach to integrating its growing immigrant population, and what are the immediate consequences of its current policies?

South Korea, facing a shrinking workforce and lowest global fertility rate (0.75), is actively managing its growing immigrant population (4.1% or 2.11 million as of June) to maintain economic stability. This involves government-led integration programs focusing on language support and cultural adaptation for migrant children and workers, primarily ethnic Koreans from the former Soviet Union and laborers in manufacturing and construction sectors.

zeit.de

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Aug 6, 07:18

Schleswig-Holstein Judiciary Faces Manageable Retirement Wave, Implements Recruitment Strategies

Schleswig-Holstein's justice system faces a manageable retirement wave until 2030, with 73 judges and 20 prosecutors leaving, but support staff departures (224) are higher; however, the government is implementing measures to counter declining applications.

Schleswig-Holstein Judiciary Faces Manageable Retirement Wave, Implements Recruitment Strategies

Schleswig-Holstein's justice system faces a manageable retirement wave until 2030, with 73 judges and 20 prosecutors leaving, but support staff departures (224) are higher; however, the government is implementing measures to counter declining applications.

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Peace, Justice, and Strong Institutions

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How is Schleswig-Holstein addressing the challenges of demographic change and declining applications for judicial positions?

While 224 support staff retirements are expected by 2030, the overall judicial workforce maintains a relatively balanced age structure. However, decreasing applications highlight the demographic challenge.

forbes.com

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Jul 31, 19:17

Age Debt: A Global Workforce Crisis

The "Age Debt" crisis, caused by organizations' failure to value older workers and plan for an aging population, results in significant capability loss, impacting workforce productivity and economic growth globally; countries like Japan and South Korea face particularly acute challenges with plummet...

Age Debt: A Global Workforce Crisis

The "Age Debt" crisis, caused by organizations' failure to value older workers and plan for an aging population, results in significant capability loss, impacting workforce productivity and economic growth globally; countries like Japan and South Korea face particularly acute challenges with plummet...

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How do declining birth rates in various countries exacerbate the challenges posed by an aging workforce?

Age Debt is a global crisis impacting productivity and innovation as birth rates fall and populations age. Examples include the U.S., where older workers will comprise 8.6% of the workforce by 2032, and Japan, facing a shrinking workforce with over one-third of its population over 65 by 2030.

dw.com

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Jul 26, 19:12

German Minister Urges Longer Working Hours Amidst Pension System Concerns

German Economy Minister Katherine Reiche advocates for longer working hours in Germany due to demographic changes and rising life expectancy, citing unsustainable retirement models and low annual work hours compared to the US, while facing criticism from within her party and social organizations.

German Minister Urges Longer Working Hours Amidst Pension System Concerns

German Economy Minister Katherine Reiche advocates for longer working hours in Germany due to demographic changes and rising life expectancy, citing unsustainable retirement models and low annual work hours compared to the US, while facing criticism from within her party and social organizations.

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What are the immediate consequences of Germany's aging population and declining workforce participation on its social security system?

Germany must work longer and more", says German Economy Minister Katherine Reiche, citing demographic change and rising life expectancy as reasons for extending working lives. She highlights the unsustainable nature of the current two-thirds working, one-third retirement model, noting that many have long ignored demographic shifts. This is coupled with the fact that German workers average 1340 hours annually compared to 1800 in the US.

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