Due to an ageing and shrinking population, the role of older people in the labour market is growing. However, Estonia cannot expect a significant increase in their employment rate, as it is already among the highest in Europe, as highlighted by the Foresight Centre in its new short report.
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Eurostat’s latest forecast shows that over the next fifty years, life expectancy in Estonia will rise to 85 years and expected working life may extend to 45 years. According to the Foresight Centre’s new short report, “Extending Working Life and Lifelong Learning”, a longer working life means that people will need to update their skills, change career paths, or learn new ways of working.
The Foresight Centre’s new research stream will focus on examining the types of lifelong learning systems Estonia will need in the future, given its ageing population. The report, which will be completed in the spring, shows key trends and possible scenarios in a situation where the working-age population is shrinking, working years are increasing, and the continuous updating of skills by older people is becoming more and more important.