quarta-feira, julho 17, 2019

Two-tier labour market

Esta manhã durante uma caminhada matinal tive oportunidade de ler dois artigos de certa forma relacionados. O primeiro foi "Young people struggle in eurozone’s two-tier labour market":
"Although the eurozone has been experiencing an uninterrupted economic expansion for the past six years, youth unemployment is proving persistent.
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The proportion of workers aged between 15 and 24 who are unemployed is around 16 per cent, double that of the general population. This means about 2.3m under-25s across the continent are unable to find a job.
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Joblessness is particularly concentrated in the eurozone’s peripheral economies, where the crisis hit hardest. More than 30 per cent of young workers are unemployed in weaker labour markets such as Italy, Spain and Greece."
O segundo foi "Older Employees Breathe New Life Into Europe’s Labor Market":
"When entrepreneur Kim Diaz opened a bar-restaurant in this buzzing Mediterranean city four years ago, he adopted a strict hiring policy: only workers aged 50 and above.
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The bet has paid off. Older staff are punctual, polite and hardworking, the 51-year-old said, and their professionalism has proven a hit with younger customers.
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Workers aged 55-74 accounted for 85% of employment growth in the eurozone between 2012 and 2018, according to the Organization for Economic Cooperation and Development, a think tank for mostly rich countries. Around 10 million jobs were created during that period.
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The trend upends the usual thinking on labor markets. Normally, it is cheaper and more-flexible younger workers that are coveted. But the large and highly educated baby-boomer generation has accumulated skills that are tough to replace, employers and economists say.
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The shift toward older workers comes as Europe approaches a demographic cliff. Sixteen percent of the working-age population of the region’s currency union, aged 15-64, will be lost by 2050 relative to the region’s total population, according to a paper published in June by the European Central Bank. That is double the share of the U.S. working-age population that will be lost over the period.
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The influx of older workers means that the eurozone’s labor force is now 2% larger than before the crisis, defying predictions it would shrink.
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To capitalize on this trend, Caroline Young founded a recruitment agency in Paris in 2005 that places retired workers with industrial companies in France, Germany and Belgium. French companies had been laying people off in their late 50s to cut costs. Now, many companies want them back.
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“Employers have realized you’re not that old at retirement,” says Ms. Young, who says she has more than 1,000 retirees working every year. Her oldest placement was 80 years old.
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“Younger people are not very flexible anymore in terms of traveling,” said Steffen Haas, who runs a similar agency in Germany for aging automotive experts. “Our guys are 65-70, they will jump in a plane and fly to Mexico next week.”"

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