[xi] https, March 6 -- Globally demographic shifts have impacted both supply and demand for skills with the expansion of the working-age population continuing at a rapid pace in some regions such as South Asia but decelerating or even contracting in other regions such as the EU. It is estimated that in 2022, Italy was the European country with the largest share of the elderly population, with 23.8 percent of the total population aged 65 years and older. Portugal, Finland, and Greece were the countries with the next highest shares of elderly people in their population, while the European Union on average had 21 percent of the population being elderly[i].

PWC's 26th Annual Global CEO Survey in May 2023 found that more than half of the 4,41...