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Subject
Future of work in CEE economies.
Significance
The steady decline in the working-age population across Central-Eastern Europe (CEE) will create opportunities for a stronger technological shift towards automation, to which the job market has already started to adjust, especially in labour-intensive manufacturing.
Impacts
Employment will rise in services, which will assume an even greater share of GDP by 2030.
Sustaining productivity will be more challenging after 2030, as the workforce ages and its size shrinks at a faster pace.
Stronger investment into R&D and vocational training will be needed to improve competitiveness.
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2019
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