Abstract:

The aging population is changing the labor force profile. While life expectancy is increasing, birth and death rates are decreasing. This means that the elderly population will increase even more in the future. The growing elderly population is forcing governments to take measures on the employment of the elderly. Therefore, elder employment policies are becoming increasingly important for governments. The purpose of this study is to examine the elderly employment policies of Germany and Italy, two European countries with high / continuing to increase elderly population rates. The literature review shows that Germany and Italy are already pursuing different and similar policies in order to turn their rapidly aging populations to advantage and prevent possible risks in the future. The implemented policies are an example for policymakers of other countries. According to the data obtained, it is understood that both countries have effective economic policies in protecting sustainable elderly employment.

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