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ARTICLE · 18 JULY 2024

Demographic Trends Across Borders

Both in regions that have experienced a population surge over recent decades and in economies in which the population is gradually shrinking, transition is the hallmark of our times and the shifts entailed carry substantial implications for the employment market.

GlobalEmployment and HR

Both in regions that have experienced a population surge over recent decades and in economies in which the population is gradually shrinking, transition is the hallmark of our times and the shifts entailed carry substantial implications for the employment market. To remain relevant and competitive, businesses will need to proactively consider population trends when planning their workforce strategies. So today, as the world celebrates UN World Population Day, we explore the key demographic trends affecting labour markets across regions and countries.
One of the most significant demographic trends globally is the ageing population. The number of people aged 65 and over is set to more than double, increasing from 761 million in 2021 to 1.6 billion by 2050. The number of those aged 80 and above is growing even more rapidly, rising from 155 million in 2021 to 459 million by 2050.

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