Zurich Faces Critical Workforce Shortage by 2050

New economic modeling reveals Zurich will face tens of thousands of worker shortages within 25 years despite population growth, raising concerns about the canton's economic future.

Key Takeaways

Zurich faces a shortage of tens of thousands of workers by 2050.
Birth rates in the canton have dropped from 2.7 to 1.3 over the last 60 years.
By the 2040s, there will be 18% more people aged 65 and over than those aged 20 and under.
The working population in Zurich is expected to fall from 63% in 2023 to 59% by 2050.
Nationally, Switzerland's working population is expected to fall from 61% to 55% by 2050.

By The Numbers

Tens of thousands

Worker shortage

1.3

Birth rate

18%

Demographic gap

59%

Workforce participation

They Said

"Immigration will not solve the demographic problem."
— Report Author

"Unlocking domestic labour potential must also be promoted."
— Report Author

The Looming Precipice: A Workforce in Freefall

Demographic Collapse: The 18% Gap

The Immigration Myth: Why Neighbors Can't Save Us

Zurich vs. The Nation: A Relative Stronghold

Hard Choices: The Path Forward

Sources & References

Zurich faces major shortage of workers by 2050

Le News

Key Takeaways

Zurich faces a shortage of tens of thousands of workers by 2050.
Birth rates in the canton have dropped from 2.7 to 1.3 over the last 60 years.
By the 2040s, there will be 18% more people aged 65 and over than those aged 20 and under.
The working population in Zurich is expected to fall from 63% in 2023 to 59% by 2050.
Nationally, Switzerland's working population is expected to fall from 61% to 55% by 2050.