Employment Outlook 2025

The report highlights the significant challenges posed by population ageing to economic growth and social cohesion across member countries. Without prompt policy and behavioural changes, GDP per capita growth is expected to slow markedly. To counterbalance the effects of an ageing workforce, it is crucial to better integrate under-represented groups, particularly older individuals and women with limited labour market participation. The report also underscores the long-term scarring effects of past economic crises on Millennials, who faced job losses and lower wages during the global financial crisis and subsequent Eurozone crisis.