MIERA EKONOMICKEJ AKTIVITY OBYVATEĽSTVA V KONTEXTE DEMOGRAFICKÝCH ZMIEN V REGIÓNOCH SLOVENSKA
LABOUR-FORCE PARTICIPATION RATE IN CONTEXT OF DEMOGRAPHIC CHANGES IN REGIONS OF SLOVAKIA

Author(s): DANA ORSZÁGHOVÁ
Subject(s): Regional Geography, Labor relations, Demography and human biology, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: age structure of the population; labor-force participation rate; demographic changes;
Summary/Abstract: Region is closely connected with one of important factors of its development; i.e. with region population that represents socio-demographic, cultural and economic potential in this space. The aim of the paper is to assess development of labor-force participation rate in the context of demographic changes in regions of Slovakia. Economic activity rate is a quantitative indicator about situation at the labor force in regions. Values of this indicator are dependent on demographic changes of working-age population. Analysis consisted of assessing changes in different age groups of population and rate of economic activity in period 2000 - 2015. Development of working age population has been significantly affected by economic crisis, which culminated in Slovakia in 2010. Development of population in post-working age follows the trend in majority of European countries, resulting in a marked aging of the population. Based on data it can be expected decline in population of working age in the near future. In terms of prediction of development of labor-force participation rate, the opposite effect occurs; rate of economic activity of the population will be increasing due to labor shortages. The part of retirement age residents will remain active in labor market.

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