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December 18, 2019 - BY Admin

This is how long young Europeans will need to work before they can retire

  • A 15-year-old can now expect to work for 36.2 years, on average, in the European Union
  • That's 3.3 years longer than in 2000 - but not as long as Norwegians and Swiss people will be working

Eurostat has released an interesting forecast about how long a person can expect to be active in the European labor market during his or her life. The data is measured in years and it's based on someone who was 15-years-old in 2018. On average, the expected duration of working life in the European Union was 36.2 years - 3.3 years longer than in 2000. In individual member states, it ranges from 31.8 years in Italy to 41.9 years in Sweden.

The data also includes several countries outside the EU and their figures are diverse. In Turkey, for example, a 15-year-old can expect a working life of 29.4 years. In Iceland, however, a 15-year-old can expect to work for far longer - 46.3 years in total. Elsewhere, the duration of work is estimated at 42.7 years in Switzerland and 39.6 years in Norway.