Population ageing and employment surge among older Australian workers

Over the past ten years labour-force participation rates and employment rates for people aged 55 and over have increased. During the last year from March 2008 to March 2009 employment rates for young people fell but those of the 55 and over group continued to rise. The data show that older people’s growing participation in the labour force is a long-term trend and one that runs counter to alarmist talk about the effects of an ageing population on the size and skills of the labour force. Copyright. Monash University and the author/s