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Free Movement of Workers and Labour Market Adjustment

Recent Experiences from OECD Countries and the European Union

image of Free Movement of Workers and Labour Market Adjustment

This publication presents recent evidence and analytical work on the impact and future perpectives of demographic trends in the workforce, taking also into account education, skills and geographical mobility. It pays particular attention to the labour mobility patterns generated by the development of free mobility in Europe and simlar developments in other parts of the world.

English

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Foreword

Demographic projections for the next decades point to shrinking workforces in most OECD countries. In the EU member states, the working-age population is expected to contract by 12% by 2030. In addition, the increasingly competitive global economic environment induces an accelerating pace of structural change. As a consequence, despite the high unemployment rates currently observed in many OECD countries, labour and skills shortages are anticipated to rise over the next two decades, challenging economic growth prospects. In this context, maintaining a high-quality workforce represents a key strategic goal for both employment and economic growth.

English

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