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The changes in social policies aiming at an increase in fertility, increase in labour force participation and reforms of pension systems are at the core of the strategies for the adaptation of social and economic systems to the new demographic patterns.
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Given the long-term increase in labour-force participation among women, those who might be future parental care-givers should realise that parent-care is better and more sustainable over time when shared with other informal and formal helpers.
Increasing employment among older workers is a policy priority given the increase in life expectancy and the drop in labour force participation after the age of 50.
Gender, qualifications and labour force experience are standard variables to include in labour force analyses.
Employment status was dichotomized into 0 = in labour force (employed and unemployed), 1 = not in labour force.
Changes in labour force participation, home ownership, debt management, and family structure should be considered for future generations, as should development of increased capacity for financial literacy.
This is a combined result of the assumed increase in the labour force participation of older people, and the projected increase of the share of persons aged 65+ in the total population.
Over the past decade, the increase in the labour force has contributed an average of only 1% a year, or one-tenth of its GDP growth.
An increase in the labour force of 800,000 – the number of people between the ages of 50 and 65 who say they want to work – would mean that instead of creating a pension and NHS timebomb, Britain's GDP would be increased by about £58bn a year.
Most ever-married women in Egypt over the period studied are not working, and the data do not show any increase in female labour force participation over this period.
Increases in education, labour force participation and income have been found to reduce fertility (20– 20).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com