Balassone, Fabrizio; Cunha, Jorge Correia da; Langenus, … - 2009
No 994
January 2009
Table 1.2- Population of working age, participation rates, unemployment: changes over the 2003-2050 …
Macroeconomic assumptions
The participation rate is projected to increase by about 6 p.p. over 2003-2050 in the euro area. As a … number of employed people over 2003-2050 is lower than the reduction
in the workforce (5% versus 8%).
Labour productivity …