Austrians urged to work longer by OECD

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AUSTRIA - The share of Austria's population aged over 65 is projected to double by 2050, spurring major challenges in relation to population ageing and the employment of older workers, according to a report from The Organisation for Economic Co-operation and Development (OECD).

Conversely, the working-age population could decline from 2018 onwards, a result of declining mortality and persistently low fertility, said the report. It adds that a potential decline in labour s...

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