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Business

Carsten Maschmeyer's Warnings About the Retirement Age Dilemma

Carsten Maschmeyer warns about the consequences of raising the retirement age. This change could lead to a deep crisis in the labor market.

Following the government's reform package, Carsten Maschmeyer has strongly warned about the trend of raising the retirement age. This measure, which is part of a 34-point program for a sustainable future for Germany, will face serious challenges in the labor market.

Negative Impacts on Employment

Maschmeyer emphasizes that raising the retirement age not only affects the lives of workers but could also lead to a decrease in hiring power and an increase in unemployment. These changes, especially in the current economic conditions, could deliver a fatal blow to the labor market.