As we look ahead to the next decades, two key trends will drastically reshape the workforce landscape:
đ»AGING POPULATION: By 2100, the EU will see a significant demographic shift, with older people making up 32.5% of the population, up from 21.3% in 2023. This could mean up to 145 million fewer people in the workforce.
đșGIG ECONOMY BOOM: Meanwhile, the gig economy is skyrocketing. By 2025, more than 43 million people in the EU will be working on labor platforms, up from 28.3 million in 2022.
âWhat does this mean for the retail industry? The traditional pool of regular staff is shrinking from both sides. The aging population reduces the number of potential employees, while the rise of gig work diverts talent away from full-time roles.
đ€ș The solution? Embrace the gig economy trend. By integrating flexible gig work opportunities, retailers can attract a dynamic, diverse workforce and stay resilient in a rapidly changing environment.
Letâs prepare for the future together â itâs time to embrace the gig economy.