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Baby Boomers Retiring Will Leave a Large Gap by 2040

Summary by Tagesschau
With the retirement of the baby boomers, the German labor market will lose around 30 percent of today's workforce by 2040. This is shown by data from the Federal Statistical Office. Younger people cannot compensate for this loss.

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With the retirement of the baby boomers, the German labor market will lose around 30 percent of today's workforce by 2040. This is shown by data from the Federal Statistical Office. Younger people cannot compensate for this loss.

·Hamburg, Germany
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Germany is facing a wave of retirements in the coming years. The Federal Statistical Office warns: "Younger age groups will not be able to replace baby boomers by numbers."

Germany is facing a wave of retirements in the coming years. The Federal Statistical Office warns: "Younger age groups will not be able to replace baby boomers by numbers."

·Leipzig, Germany
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Germany is facing a wave of retirements in the coming years. The Federal Statistical Office warns: "Younger age groups will not be able to replace baby boomers by numbers."

aachener-zeitung.deaachener-zeitung.de
+3 Reposted by 3 other sources

Germany is facing a wave of retirements in the coming years. The Federal Statistical Office warns: "Younger age groups will not be able to replace baby boomers by numbers."

In the next 15 years, approximately 13.3 million people of working age in Germany will exceed the statutory retirement age of 67. This was announced by the Federal Statistical Office on Tuesday, based on preliminary results from the 2025 microcensus. This figure represents 30 percent of all people of working age who were available to the labor market last year. The baby boomer generation, the largest cohort in terms of numbers, will retire in th…

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destatis.de broke the news on Tuesday, June 23, 2026.
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