FLASH
Shkruar nga Pamfleti
The demographic crisis that the country is experiencing with high emigration, declining birth rates and aging population is deepening the shortages in the labor market year after year.
Official data show that year after year, new jobs available are in more than one third of replacements. The National Employment Agency, in a detailed analysis of employment indicators, pointed out that 33% of vacancies are for replacing employees who retire or emigrate.
Data from 2021 show that businesses announced 24,965 job vacancies, of which 33% were replacements and 77% were newly opened positions. In 2017, replacement vacancies accounted for only 17% of the total vacancies advertised by businesses.
Over the next decade, job vacancies created by retirees will grow exponentially as the 1960s baby boom generation ages.
Demographers dealing with population projections warn that very soon, the young population will not be enough to replace retirees.
In absolute terms, new labor force entrants will not be sufficient to replace the working-age population. New population projections show that in 2036, the population of the 0 to 14-year-old age group will decrease by about 70% of the population of the same age group in 2021, for both males and females.
On the other hand, the population of the age group 64 years and older will increase by about 40% for men and 45% for women. In absolute terms, new entrants to the labor market will not be sufficient to replace the departure of the non-working age population.
Demographic experts analyze that Albania has faced this phase of demographic transition late, but it can learn from the experience of most countries that have faced this challenge in the past decades.
This means that Albanian employers are facing and will continue to face in the near future serious challenges in attracting low-skilled and semi-skilled labor force to fill the growing job vacancies.
The working-age population will also shrink and age, according to new population projections. In the next 30 years, its average age should increase from 41.7 to 46 years.
If we accept the standard European definition of the economically productive age (20-64 years old), we can say that this size of the population segment reached approximately 1.74 million people at the end of 2020.
After 30 years, until the end of 2050, this size of the age category should decrease to about 1.32 million inhabitants, or 24% less./Monitor
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