Reuters - Written by Shen Taylor, Edited by Kate Miller and Kim Thompson
The European Parliament recognized the critical problem of workforce difficulties of the ageing of the population on the opening day of the committee session. While this issue was acknowledged, no specific plan of action was proposed. To offset the effects of an ageing population, one solution suggested was to strongly attract workers from other countries. While at first glance this may appear like a reasonable plan of action, the committee has recognized the dangers of depending too much on a foreign labour force in the near future.
Keeping a steady workforce in the European Union is difficult because of the region's ageing population. A dearth of skilled personnel across industries may make it necessary to hire people from outside the country. The committee, however, stressed the importance of member states enacting measures that would successfully retain the elder workforce within the EU.
The European Parliament political group Renew has been pushing for reforms that prioritize making the Digital Single Market in the Europe Parliament a more sustainable place, which in turn encourages the elderly to continue working and contributing to the economy rather than retiring early.
Member states can better prepare their citizens for the needs of the job market if they invest in education and training programs. Moreover, lowering the EU's reliance on foreign labour is possible through the provision of enticing employment opportunities and incentives.
To preserve long-term stability and progress inside the EU, member states must quickly solve the labour issue. The European Union can ensure future economic growth and prosperity by emphasizing the development of its own population and enacting progressive policies that encourage diversity in the workplace.
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