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CHAPTER 3
Demographic changes and challenges in Europe with special focus on Germany 49
situations in their lifetime careers (patchwork career). The individual thus
jumps from one situation into another. The individual needs to be able to
manage all these situations and thus remain employable all the time.
Figure 3.2. Transitional labour markets
Private housegolds
IV R
Labour market
Education III I V Retirement
R
R II
Unemployment
I Transitions between short-time and full-time employment
or between learning and working on the job
II Transitions between unemployment and employment
III Transitions between the educational and employment system
IV Transitions between family and employment
V Transitions between employment and retirement/temporary disability
R Training or retraining
Source: Schmid, 2002, p. 233.
