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Population Ageing as a Factor of Structural Changes in Unemployment

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  • Vladislav Krastev
  • Elvira Nica

Abstract

The aim of the paper was to analyse the relationship between the unemployment rate and population ageing. Regression and correlation analysis was used. The Spearman and Pearson correlation coefficients were also used. The research question one examined the relationship between the average age of the ageing population and the unemployment rate, suggesting a likely non-linear relationship. The research question two focused on the relationship between the average age of the population and the number of job seekers aged 50-64. The analysis showed that the linear model had limited accuracy while the use of a non-linear approach significantly improved the quality of the results and more complex and non-linear relationships between the investigated variables were pointed out. The research does not take into account socio-economic factors that may have a significant effect on the non-linear relationships between variables.

Suggested Citation

  • Vladislav Krastev & Elvira Nica, 2024. "Population Ageing as a Factor of Structural Changes in Unemployment," Littera Scripta, VSTE, vol. 17(2), pages 1-16, December.
    • Handle: RePEc:rsg:littra:2024-008
    DOI: 10.36708/LS.2024.I02.001
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