The OECD recommended that this environment in Spain increase regular immigration and activate elderly workers, among other offers, in order to ensure economic growth from a visible decrease in the population. In its report on the prospects of employment, published today, the organization of economic cooperation and development (OECD) emphasizes that Spain, like all member countries, will affect the “strong decrease” of the population of working age.
Spain will experience the “greatest decrease” of the level of employment in relation to the population among the countries of the organization, with a fall by 10.3 percentage points by 2060 compared to the average value of 2 points in the OECD as a whole.
This fall, which is associated with a low birth rate and high life expectancy of Spain compared to other member countries, will mean that the number of elderly people per person of working age will be from 0.34 in 2023 to 0.75 in 2060.
The OECD provides that this lack of work will have “important consequences for economic growth” of Spain, since an increase in GDP per capita will only be 0.13 % per year until 2060 compared with 0.53 %, registered from 2006 to 2019.
Thus, the organization offers a series of measures to mobilize working resources still “without benefit”, such as an increase in the inclusion of women in work, reducing at least two -thirds in gender gap in employment. In addition, he asks to activate elderly workers in good condition and contribute to regular migration.
Thus, the report guarantees that Spain can increase the annual GDP growth per capita to 0.73 %, although it warns that to achieve growth by 0.9 %planned for the OECD as a whole in a similar scenario, the country “must increase its productivity.”
Recommendations for Spain are the same as for the OECD as a whole, whose members in the report asks for “radical actions” before the inevitable demographic crisis, and this threatens to cause a strong slowdown in per capita in the coming decades. “The economy of the OECR countries has entered into a new era in which the task goes from a lack of employment to the lack of workers,” the report clearly confirms.
The document states that from the aging of the planned population, the dependence of age, which measures people over 65 in relation to the population population, decreased from 19 % in 1980 to 31 % in 2023 in the entire organization, and it is expected that it will reach 52 % in 2060. As a result, GDP Per Capita growth in OECD for 4060. Has a lot of 40 percent indicators in a 40 percent level of 40 %. Accumulate a loss of 40 % 2060.
Given this double crisis, which occurs, the organization calls for its members to launch a “complex strategy”, which includes both the arrival of new migrants and an increase in women’s participation in labor or increase the increase in elderly workers.
Immigration “helps to support the population of labor age”
Immigration emphasizes that “it already helps to maintain the population of working age and reduce the lack of labor”, but notes that in order to be a “change factor”, pure migration indicators should be more historical values.
For the OECR, both in Spain and in the organization as a whole, it will be “key” that healthy workers remain active, in addition to maintaining national performance to ensure solidarity between generations.
“The extension of the working life in Spain not only helps to issue additional labor resources to support economic growth, but also to remove the burden that young people support, which are already experiencing income stagnation,” the document emphasizes. The OECR insists on the importance of continuing training plans in order to provide elderly workers retained their abilities, and in this sense, remember that the participation of employees aged 55 to 65 years in unregulated training plans in Spain is “low”, only 29.3 % compared to 34.9 % among 29 countries, which contain notes.
In addition, the OECD is hiring that artificial intelligence can in itself solve the problem: “AI can increase productivity, this is not a substitute or silver bullet from the absence of human workers
