White Paper – The potential of 50 and over: Why women aged 50 and over are crucial to the future of the labor market
Demographic trends are radically changing the Swiss labor market. Since 2020, there have been more 65-yearolds living in Switzerland than 20-year-olds. This means that there are consistently fewer young people joining the labor market than there are older workers retiring from it. This demographic effect will become clearly apparent by 2030 at the latest, when the entire baby-boomer generation will have reached retirement age.
Given these trends, there is a growing focus on the working potential of 50- to 64-year-olds. Over the next 30 years, this age group will represent 35 percent of all those of working age (see Federal Office for Statistics [BFS] 2024).
This White Paper explores the following key issues based on a representative survey of the Swiss working-age population:
- What does working life look like for workers aged 50 and over?
- Are there gender differences in this age group?
- How can we retain or attract these potential workers?
