ADVERTISEMENT

EC: Ageing report shows negative social tendencies in Hungary

Food

Life expectancy for males in 2013 was the lowest in Bulgaria, Estonia, Latvia, Lithuania, Hungary and Romania, ranging between 69 and 72 years, while female life expectancy in 2013 was below 80 years in Hungary, according to “The 2015 Ageing Report” published by the European Commission last week.

Projections show an average increase of approximately two and half years in the effective retirement age for men in Europe, but in Hungary the expected increase exceeds three years. The study underlines that mainly as a result of the ageing process, the age structure of employment is likely to undergo a number of significant changes. The share of older workers is expected to increase by 50% or more in Hungary, while within the Euro zone it will reach approximately 20% in 2060.

The total economic dependency ratio, which is calculated as the ratio between the total inactive population and those who are employed, is projected to rise by ten percentage points or less in Hungary.

ADVERTISEMENT

Companies Make Net Repayments on Credit in April Banking

Companies Make Net Repayments on Credit in April

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Wizz Air Participates in USD 50 mln Investment Deals

Wizz Air Participates in USD 50 mln Investment

Tourism Nights Slightly up in April 2023 Tourism

Tourism Nights Slightly up in April 2023

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.