|Statement||prepared by Grant Schellenberg for One Voice, the Canadian Seniors Network.|
|Contributions||One Voice, the Canadian Seniors Network.|
|LC Classifications||HD6283.C3 S34 1994|
|The Physical Object|
|Pagination||ii, 38 p. :|
|Number of Pages||38|
This paper addresses the issue of labour-force partic-ipation among older workers in Canada in the context of extending working lives. It is basically a critical review of knowledge and research on the main determinants of labour-force participation at older ages. It is organized according to the LidA conceptual framework on work. The Canadian workforce is aging. At the same time, we're facing a skills shortage. Keeping older workers on the job past 65 is an obvious solution but . Ekkehard suggests that by , the number of older workers in the labour force is likely to increase by a further million to almost million workers. That translates into more than 18 per cent of the total labour force. The older a workforce gets, the higher the likelihood of slowdowns in economic growth. Note: OECD and EU weighted : Labour Market Statistics. Access more data on ageing and employment: Scoreboard on older workers, and , 36 OECD countries and 10 non-member countries (in Excel) NEW; Statistics on average effective age of retirement; Ageing and Employment Policies Country Monitoring ; Data on labour force status by age groups are available via .
The Aging Workforce in Canada. 20% of Canada’s workforce ( million) is 55 years and over (StatsCan, ) By , nearly one in four workers in Canada could be 55 years or over (StatsCan, ) 37% of people 55 and over worked in , up from 24% in (Canadian Chamber of Commerce, ) Older workers tend to have: Lower turnover. Older Workers At Risk of Withdrawing from the Labour Force or Becoming Unemployed: Employers' views on how to retain and attract older workers Introduction The aging of Canada’s population is a significant trend that will have wide ranging social and economic implications for decades to come. Concerns are still occasionally expressed about mobility and job prospects if older workers stay longer in the paid labour market, but generally, the policy issue has now become how best to retain. Population Aging, Older Workers, and Canada's Labour Force Frank T. Denton and Byron G. Spencer McMaster University, Hamilton Le Groupe d'experts sur les travailleurs ages a fait des recommandations en vue d'accroitre le taux d'activite des travailleurs ages. Dans cet article, nous analysons les implications qu'un plus haut taux d'activite des.
workers to stay longer in the labour force and for employers to target their employment strategies to the needs of older workers, including at-risk older workers. Many older workers, including at-risk older workers, want to and are capable of making a positive contribution to the workforce. Statistics Canada () states that "Nearly one person in four in the labour force projected to be 55 or more: The aging of the baby boomers, which is largely behind the projected decline in the overall participation rate, has had a major impact on the aging of the labour force. The PBO has projected slower labour force will limit economic growth to about per cent in the next several decades, compared with per cent for the to period. Fewer workers will translate into a smaller tax base, and an aging population will increase the financial demands on our health-care system. Keeping older workers on the job past the age of 65 would mitigate many of these issues. However, our current government has turned a blind eye to one of the most obvious solutions.