• Evidence Based Policy - Macroeconomic Research Center

In 2017 the number of employed in the Belarusian economy continued to decrease. The employment rate has been steadily declining for the last 7 years. The main reason for that is the aging of the population. On one hand, the demographic transition reduces the  rate of  unemployment. On the other hand, in the conditions of a solidary pension system, this leads to a deficit in the social protection fund of the population and threatens social stability.

Full article on ekonomika.by

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