The Demographic Crisis Is the Defining Issue for The Continent’s Future
Europe is aging, and aging fast. Twenty million workers will leave the workforce between now and 2050 and more than one-third of the population will be over 65, creating labor shortages, pension havoc and other less easily quantifiable measures of social change like little innovation and an aversion to change.
'This is a process without parallel in the history of humanity,' said a United Nations Report published earlier this year, predicting that world wide people older than 60 would outnumber those under 15 in 2047 for the first time.
Researchers described the ability to resolve the demographic crisis as 'the defining issue' for Europe's future.