This work addresses the interaction between demographic and employment dynamics in the European Community on the one hand and technological change on the other. It focuses on the problems that can arise from an ageing society and relates them to the possibilities offered by technological change, which has become a necessary tool with which European societies can offset labour force decline, particularly among younger skilled workers. There is an analysis of how the advance of technology relates to the changing structure of industry. At the same time, the book acknowledges the difficulties inherent in attempting to assess the relative technological status of countries.