WEF warns ageism costs OECD $500B
Analysis based on 8 articles · First reported Jul 11, 2026 · Last updated Jul 12, 2026
The report underscores long-term productivity risks for OECD economies, potentially affecting labor costs and social security systems. Insurance and HR industries may see increased demand for age-inclusive policies and products.
The World Economic Forum and Marsh released a report warning that age-related workplace barriers could cost OECD economies nearly $500 billion in cumulative productivity losses by 2040. The global population aged 65+ will grow by over 50% to 1.3 billion by 2040, while the working-age population grows only 13%. Extended unemployment among workers aged 55+ is projected to cost the US $113 billion and France $106 billion in GDP losses. The report highlights multigenerational teams and flexible pension systems as solutions.
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