Page 34 - Economic report 2020

people, much greater than in the years before The number of deaths falls and
the Covid-19 health crisis. the number of births stagnates

at very low levels.
As for the structure of the estimated population
by age and gender, men still outnumber women
in all age brackets except in the segment of 80 STRUCTURE OF THE ESTIMATED
years and above. In 2022, the male population POPULATION BY AGE AND GENDER. 2022 Chart 4.6
was 6% larger than the female population
– 2,362 more men; this difference can be
explained by the size of the foreign workforce,
which is traditionally mostly male and which
also increased substantially in 2022.

In parallel, the distribution of the estimated
population by age and nationality shows that
the proportion of foreigners clearly exceeds
that of Andorrans in all age brackets from
the age of 30. In contrast, the proportion of
Andorrans in the under-30s bracket is much
higher (71.2%), contrasting with the low
proportion of Andorrans in the group of over-
65s (38.9%).

The population aged 65 and above
32 already represents 15.1% of the total, Men Women
and the average age has passed 42. Source: Parish censuses of the Comú governments / Department of Statistics.

To complete the analysis of the population of Andorra, the distribution by ages in 2022 shows
Andorran economy: general developments | IV. Population, labour market and education
that the Andorran population continues to age progressively. Specifically, the downward trend in
recent years in the estimated population of under-15s has persisted; its percentage of the total
fell to 12.4%, four points less than in 2010. In contrast, the group aged 65 and above grew faster
in 2022 (+4.9%), raising its share of the total to a new historic high of 15.1%, higher than the
percentage of the population under the age of 15. In between, the working age population (ages
15-64) increased 2.7% and its percentage of the total remained practically the same at 72.6%. As
a result, the average age of the Andorran population continued to rise in 2022, to 42.3.

2. Employment and unemployment

2022 was marked by an overall improvement in the labour market rates: an increase in employment,
a decrease in unemployment and stabilisation of the inactive population.

According to data from the Workforce Survey (EFT), the number of unemployed fell 34% to 1,040
people, a figure that approaches the minimum recorded in 2018 (829). Along the same line, the
unemployment rate shrank to 2.1%, the second lowest level in the historical series since 2018
and a much lower rate than in the neighbouring economies. Note that 92% of the unemployed
are short term and only 8% have been looking for work for more than one year, although this
proportion has increased by four tenths since 2021.

In relation to the active policies to support employment, note that, in parallel with the
Employability Improvement Programme through the public sector and the social initiative bodies,