Bleak demographics and short average work weeks could come to haunt Europe’s largest economy

https://archive.is/CUo0k

Merz’s coalition must persuade younger generations to surrender more of their free time to support Europe’s largest economy

The coalition between Merz’s centre-right Christian Democratic Union and the Social Democrats have, in their treaty which defines the political agenda until the next election, committed to incentives to persuade Germans to increase their working hours, and to delay retirement.

  • plyth@feddit.orgEnglish
    21·
    22 hours ago

    This is such a sad ‘isolanistic’ approach. There are other countries in Europe with a less tight labor market. Production could be moved there. Everybody would be happy.

    But production is supposed to be automated. The number of newly installed robots compared to China doesn’t make Europe look good.

    The plan can only be to push through the next couple of years until OpenAI, Google and Boston Dynamics have developed the robots to take over production.