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Ageing population and low fertility rate is leading to European labour force shortage

Ageing population and low fertility rate is leading to European labour force shortage

Ageing population and low fertility rate is leading to Europe's growing labour force shortage

Europe faces an increasing labour force shortage, which means that between 2017 and 2025, 184 out of 263 metropolitan areas from the EU-28 will record a negative growth rate in their working age population. According to a recent analysis by GlobalData this is due to a combination of lower fertility rates across most European Union (EU) countries, which is causing a reduction the growth rates of the youth population, while increased life expectancy is leading to a steady rise in the growth of the elderly population. But according to Ramnivas Mundada, Economic Research Analyst at GlobalData, ‘‘Measures such as increasing the levels of post-retirement employment opportunities, offering more support for women returning to the workplace and investing in youth employment, education and training could help to mitigate the impact of these demographic changes over the long term.’’

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Ageing population is the greatest demographic challenge

Image credit: <a href='https://www.123rf.com/photo_2475828_old-hands-on-clean-table.html'>logoboom / 123RF Stock Photo</a>

Forget Gen Y, a new report published today by the House of Lords Committee on Public Service and Demographic Change warns that it’s our rapidly ageing population that will have a huge impact on society, work and public services. Predicting a 50 per cent rise in the number of those aged 65+ and a 100 per cent increase in those aged 85+ between 2010 and 2030, the report advocates enabling people to work for longer, many of whom are legally entitled to do, since the removal of a statutory retirement age in 2011. According to the report, “Ready for Aging?” working for longer would increase income from work, potentially increase savings, and reduce the time of dependence on those savings.

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The fastest growing job occupation in the US isn’t what you think it is

The fastest growing job occupation in the US isn’t what you think it is

a new report argues that AI cannot replace every job occupation, and the latest data from the US labour market proves itThe rise of artificial intelligence and its impact on the job market has raised concerns around the world, with some predicting that up to 85 million jobs would be replaced with automation and AI. However, a new report argues that AI cannot replace every job occupation, and the latest data from the US labour market proves it. According to data presented by Stocklytics.com, home health and personal care aides are expected to be the fastest-growing occupation in the United States in the near future, with more than 800,00 new jobs by 2032. More →

Four simple ways to embrace neurodiversity in the workplace

Four simple ways to embrace neurodiversity in the workplace

Around a fifth of people have some form of neurodiversity, so it's essential that the workplace is as welcoming as possible It is thought that up to 20 percent of the UK population is neurodivergent and while many companies now are more educated on the need for diversity, many still have some way to go to adapt their workplaces both culturally and physically to ensure these individuals feel they are truly supported, valued, respected and able to the excel in their role. Sadly, a recent study by Birkbeck found that 65 percent of employees with a form of neurodiversity fear discrimination at work, despite companies increasingly recognising the need for inclusivity. More →

Daylight Award ceremony announces two new laureates

Daylight Award ceremony announces two new laureates

On the UNESCO International Day of Light, The Daylight Award announces the 2024 laureates: Spanish architect and professor, Alberto Campo Baeza for his architecture, and German professor of chronobiology Till Roenneberg, for his research. The two categories of The Daylight Award – scientific research and architectural design – recognise a duality with the aim of directing knowledge, based on research at the highest level, to the benefit of architectural thinking and practice. Research has created a scientific grounding for the use of daylight in architecture. – states the jury. More →

Stress, unpaid overtime and other pressures taking a toll on people’s wellbeing

Stress, unpaid overtime and other pressures taking a toll on people’s wellbeing

A new poll from leisure operator Better suggests that the UK population is working far beyond its contracted hours, and this is taking a toll on the health of the nation. Two-thirds of people surveyed say they regularly work unpaid overtime, on average an extra two hours per week, equating to 14 working days per year. One in ten (11 percent) of 45-54 yrs work more than five extra hours per week; that’s the equivalent of 35 days of unpaid work per year. Those working in the education and HR sectors undertake the most unpaid overtime; at an average of 15 days per year. More →

Report sets out nine ways cities can reduce carbon emissions

Report sets out nine ways cities can reduce carbon emissions

A report published by the World Economic Forum’s Centre for Urban Transformation sets out what its authors claim are best practices developed by pioneer cities that are reducing carbon emissionA report published by the World Economic Forum’s Centre for Urban Transformation sets out what its authors claim are best practices developed by pioneer cities that are reducing carbon emissions from urban development projects. As cities grow in population and importance, urban construction will continue to gather pace. It is estimated that the global floor area is expected to double by 2060, the equivalent of building out New York City every month for the next 40 years. The report, Reducing Embodied Carbon in Cities: Nine Solutions for Greener Buildings and Communities, highlights nine innovative solutions for all phases of construction and demolition. More →

Older people less keen on early retirement than younger generations

Older people less keen on early retirement than younger generations

Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s.Early retirement is a specific life goal for 65 percent of working-age adults around the world, with 70 percent of Gen Z employees (the highest proportion of any generation) actively working towards this aspirational goal. This compares to just 51 percent of the over 55s. The findings appear in a new study, commissioned by nudge Global, into the financial wellbeing of 11,577 working-age adults from 17 countries around the world. More →

MIPIM has changed, and mostly for the better

MIPIM has changed, and mostly for the better

With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learnWith an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. More →

Flexible working rights stand to benefit millions of people

Flexible working rights stand to benefit millions of people

From today (April 6th 2024), UK employees will have the legal right to request flexible working from their first day in a new job.From today (April 6th 2024), UK employees will have the legal right to request flexible working from their first day in a new job. Under the updated regulations, employers must engage in discussions with employees and consider alternative solutions before declining a flexible working request. Decisions on applications must now be made within two months, reducing the previous timeframe of three months, which includes any appeals. Additionally, employees will be entitled to submit two flexible working requests within a 12-month period, rather than the previous allowance of one. More →

How to create a truly inclusive office design

How to create a truly inclusive office design

Inclusive office design encompasses creating an environment that provides an attractive and inspiring experience for everyoneAccording to the Ministry of Social Policy in Ukraine, approximately 1/4 of the population belongs to groups with limited mobility, and unfortunately, this number is increasing due to the war. While the world has long been actively implementing the principles of inclusive design, it is particularly relevant in Ukraine now. Inclusive office design encompasses creating an environment that provides an attractive and inspiring experience for everyone. It’s about creating a space where all people, without exception, feel comfortable. Inclusion also contributes to expanding the market, improving reputation, and strengthening the company or brand’s authority through a focus on human-centric design. More →

Reinforcing concrete with textiles instead of steel could be game changer for built environment

Reinforcing concrete with textiles instead of steel could be game changer for built environment

Researchers from Chalmers University of Technology, in Sweden, have now developed a method that makes it easier to scale up and facilitate the construction of more environmentally friendly built environmentBy reinforcing concrete with textiles instead of steel, it is possible to use less material and create slender, lightweight structures with a significantly lower environmental impact. The technology to utilise carbon fibre textiles already exists, but it has been challenging to produce a basis for reliable calculations for complex and vaulted structures. Researchers from Chalmers University of Technology, in Sweden, have now developed a method that makes it easier to scale up and facilitate the construction of more environmentally friendly bridges, tunnels and buildings. They say the technology has the potential to transform the built environment. More →