the impact on The Swiss labour market, through the Retirement of the baby boomers will be felt, according to a study by the Credit Suisse in the next ten years. Particularly in the health sector, it is likely to be large gaps.
The so-called “baby boomers” the boomers up to 1964, a large hole in the local labour market leave within the next decade. The authors of the study predict that in the next ten years, around 1.1 million people in pension age will come. Of this, approximately 833’000 purchase people are. This means concretely that in 2021 more people people go into retirement, as a 20-Year-old entering the labour market.
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And the gap between the number of newly Retired and up-and-coming workforce will open in the coming years. At the peak of the retirement wave in the year 2029 will leave according to the calculations, approximately 18’500 purchase people more on the labour market, as young workers to come.
The estimates of Credit Suisse are based on the assumption that the unemployment rate and thus the proportion of the labor force remains employed in that period at the present level and the migration rate (migration balance) levels off at around 45’000 people per year, as of Tuesday’s published study.
affected on the basis of this scenario, the Economists of the big Bank name branches also those of the economy, which are likely to be affected by the pensioners wave especially. According to Credit Suisse, these are the agriculture, the traditional industry, the traffic and transport industry, as well as the administrative and social services.
On the Latter and, in particular, on the health care system, it is important to pay special attention. Because of the recent sharp growth in this sector and in relation to other sectors, low potential for the automation of the Economists expect a particularly precarious situation on the labour market.
In a somewhat better position with respect to the oncoming retirement wave, however, are industries such as the lace industry or the company services. In these sectors the number of workers from the “baby Boomer”Generation is lower, and the scope for digitization and automation is higher. (SDA)