Press release No. 436 of 2 November 2020
WIESBADEN – For 2030, it is expected that the labour force will comprise more people aged 65 to 74 than people under 20. According to the 2020 labour force projection, 1.5 to 2.4 million people in the labour force will be aged between 65 and 74 years at the beginning of the next decade, and only about 1.1 million between 15 and 19 years. The Federal Statistical Office (Destatis) also reports that presumably 1.2 to 2.2 million people in the labour force will belong to the older age group, and 1.0 to 1.1 million to the younger age group in 2060. In 2019, each group comprised 1.2 million people in the labour force.
