NAŠE GOSPODARSTVO / 
OUR ECONOMY

Elderly Population and Labour Market Stabilization in Europe - The Case of Slovenia

Rasto Ovin, Marko Divjak, Živa Veingerl Čič, Anita Maček

Abstract


The growing share of the retired population in Europe worsens the balance of the
social costs as social consensus in most European countries rests on extensive
social transfers for this population group. With its 25% share in GDP and 50% share
in social transfers, the European (continental) model is indeed not sustainable
when compared globally. The current prevailing model of “rejuvenation" of the
labour market through immigration did not prove as a sustainable solution. The
same is valid for the perspective of fast technological change. It is based on
filling the labour market with low-paid jobs enabling host economies to leave
aside the imperative permanent change in the labour market structure. This paper
discusses the case of Slovenia and tries to search the reasons for the absence
of elderly population in the labour market in this country. Based on the data
comparison and disposable studies, authors try to identify the main issues when
endeavouring to keep elderly population in the labour market.


Keywords


elderly population economic activity, labour market, HRM gap in Slovenia

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