Switzerland will lack as many as 500,000 workers, the worst remaining sectors

The study thus explains this absence: In the next 10 to 20 years, generations born from the period “Baby boom” (higher history, 1945-1964), will retire. As an apparently smaller number of young people will be recruited for work during this time, a reduction in the workforce will occur.

This created vacuum cannot be met simply through migration, for it would require that each year be brought to the work market by 100,000 workers from outside the world. Such a thing cannot be done, among other things, because of political resistance in the country. For this reason, according to the study, retirement age should become more flexible and the part - time work of women better exploited. So far, the need for additional supplementary powers has been met primarily through migration.

Enhancing the need for new workers is estimated on the promise of annual increase in the number of employees in the country. This increase, since 1960 and so far, has been 1%. On the other hand, the economy over the past 15 years has needed an annual increase of 1.3% of the number of employees. The latter has the figure of some 500 thousand jobs that would remain incomplete in 20 years.

However, lack of speech does not affect all working sectors equally. The most endangered are the health and care fields. On the other hand, there will be stagnation in the industry in the number of new jobs, the UBS writes.

According to the study, the greater lack of labor force is expected to be found in branches that today cover women in greater measure. This has its effects on job research: women find a place of employment more easily than men do. For this reason, according to UBS, men in the future must reflect: they will be forced to more navigate in the so-called <x0] women's occupations”.