There are more and more workers in Spain about to fulfill the retirement age. This long -awaited moment to start charging the Social Security pension and being able to disconnect from the labor market has a second point of view. It is the one that shows the Observatory of Vulnerability and the use of the Adecco Foundation, which has given the alarm. And in our country, only one third of employees who would be necessary to cover vacancies left by pensioners will be incorporated into our country.
Active workers who are going to retire in the next decade are approximately 5.3 million. Thus, 5,318,600 people with more than 55 years will stop working in about 10 years according to the data of the Active Population Survey (EPA) While 4,831,209 people between 6 and 15 will reach the legal age to start working and these, 1,826,197 will achieve a employment contract if the activity rate trend of 37.8% who marked this study in its employment section for children under 25 years will continue.
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Adecco has indicated that to ensure the sustainability and competitiveness of the Spanish labor market, all the potential that is available through negotiation with migrant labor, people with disabilities, women, senior professionals (more than 50 years) or the use of new technologies such as artificial intelligence (AI) that is beginning to be starting to be indispensable requirement to access many jobs.
The arrival of foreign labor, key to employment
The general director of the Adecco and Sustainability Foundation of The Adecco Group, Francisco Mesonero, said in Europa Press that “migration is key to sustaining the labor market especially in sectors with labor shortages but will not suffice on its own.”
In this way, we must “qualify and reduify the native talent and migrant with ambitious policies such as digital and technological training, homologation of titles, accreditation of competencies and elimination of labor discrimination.”
Between 2026 and 2035, 4.6 million foreign people are expected to arrive in Spain, which strengthens the latest data from Foreign affiliation of Social Security Of which 80% will be at work age and 70% will be in active job search, that is, about 2.5 million people.
Artificial intelligence can help fill the void left by retirements
The study indicates that the arrival of artificial intelligence to the labor market can be a perfectly valid tool to absorb part of the void of the capacity left by aging, as in the sectors of care, logistics, industry, agriculture or administration and tourism.
“It will not resolve by itself the demographic challenge and together with the automation they are decisive levers to make more with the workforce available to it,” Mesonero concluded.