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July 15, 2005 European Perspectives On The Retiring Workforceby Claire Schooley, Connie Moore with Norbert Kriebel, Jaap Favier, Colin Teubner |
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Executive Summary
Like their North American counterparts, European businesses and government agencies are beginning to grapple with the retiring workforce. Many European countries have an even bigger problem than the US and Canada, as declining birth rates and low immigration levels combine with early retirements to create acute skilled labor shortages in fields requiring extensive technical training and experience. European industries feeling the impact include government agencies, oil and gas, manufacturing, pharmaceuticals, and airlines, and — as evidenced by recent attendees at a GigaWorld Europe executive exchange — European banks are also feeling the pinch.
This is an excerpt
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