According to EU Helpers, the new initiatives, which include introducing more qualified workers or migrants to the European region, aim to ease demographic change difficulties, address labor shortages, and generally enhance social and economic conditions.
Four of the following demographic categories will receive help from the EU Commission under the proposed measures:
Parents should provide access to high-quality childcare and a healthy work-life balance by balancing their professional objectives with those of their families.
supporting younger generations' careers, encouraging them to learn new skills, facilitating simple entry to the labor market, and providing accessible housing;
older generations by giving them influence and ensuring their wellbeing, which includes taking action to combine sensible workplace and labor market regulations;
Legal immigration, which can be facilitated if necessary, is a perfect complement to utilizing the talents already present in the EU.
Dubravka Suica, Visa's President for Democracy and Demography, emphasized the effect of demographic changes by pointing out that the phenomena has a significant impact on economies and communities.
She emphasized that the toolbox seeks to empower all generations and paves the path for the ideal balance of abilities and skills among EU Member States.
Seven in ten Europeans feel that demographic changes are endangering the economy and competitiveness of the EU, according to a Eurobarometer survey on demographics.
According to 42% of respondents, population aging is the biggest demographic issue endangering the EU's economy, with 40% citing the decline in the working-age population and labor shortages as potential contributing factors.
The Netherlands, Belgium, and Austria had the highest job vacancy rates in the EU in 2023, with corresponding third-quarter rates of 4.7, 4.6, and 4.4 percent, according to data from Eurostat, the EU Statistics Office.
According to the same source, more than half of EU citizens are older than 44.4 years, with some nations, like Italy, having a population over 65 years old that is 37.5% older than the population between the ages of 15 and 64.
This means that elderly people outweigh those between the ages of 15 and 64, as is the case in many other nations, such as Finland (37.3%), Portugal (37.2%), and Greece (35.6%).
The labor force is in danger as a result of the EU's aging population and declining fertility rate, which also have a significant influence on investments and productivity and increase strain on public resources.