Work

Aging Asian Workforces Most Vulnerable to Workplace Automation

Aging Asian Workforces Most Vulnerable to Workplace Automation

Older workers in China and other Asian nations are most vulnerable to displacement from increasing adoption of workplace automation, according to “The Twin Threats of Aging and Automation,” a new report released today by Marsh & McLennan Companies’ Global Risk Center. The convergence of an aging global population with workplace automation is expected to have significant economic and societal consequences, particularly[Read More…]

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Many older workers are interested in working into retirement (US – AARP)

Many older workers are interested in working into retirement (US – AARP)

AARP’s latest study on work and career shows that many older workers are interested in working into retirement, with a focus on flexible work arrangement such as part time work and consulting. KEY FINDINGS In total, more than one-third of working Americans age 50-64 (37%) anticipate working for pay post retirement from their current career. Among those who will seek[Read More…]

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The productivity challenge of an aging global workforce

The world is aging, and that matters for growth. In the past, an abundant and growing labor pool was a powerful engine of the world economy; today, the number of workers is starting to decline in many countries. This leaves no alternative but for companies, individuals, and governments to work in smarter ways. In an era of profound demographic change,[Read More…]

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The Ageing Workforce in Europe – A report from The Economist Intelligence Unit

The Ageing Workforce in Europe – A report from The Economist Intelligence Unit

Historically low birth rates and increasing life expectancy mean that Europe’s working population is ageing fast. In 2012, the continent reached an inevitable demographic tipping point. The percentage of the population at working age fell for the first time in 40 years. It is now forecast to fall every year until 2060. This inescapable trend will have profound implications for[Read More…]

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Survey Reveals Employer Attitudes towards Older Workers

Survey Reveals Employer Attitudes towards Older Workers

Older workers have reasonably good prospects for extending their working careers according to a new survey of employers by the Center for Retirement Research at Boston College. Although older workers are seen as costing more, they are also viewed as more productive. Overall, over 80 percent of employers said older workers were “as attractive” or “more attractive” than younger employees.[Read More…]

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EU: Ageing and work

Increased life expectancy and reduced fertility rates in Europe create a tension between social welfare systems and the labour market. According to the Commission’s European Employment Observatory (spring 2003), the 16-29 years age group will decline by 13 million people between 1995 and 2015 in the 15 Member States of the European Union (estimated for the EU before the enlargement[Read More…]

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FINLAND : Ageing and Employment Policies

FINLAND : Ageing and Employment Policies

In the face of rapid population ageing and the trend towards early retirement, there is a need to promote better employment opportunities for older people. Much has been said about the need for reform of old-age pensions and early retirement schemes but this may not be sufficient to raise employment rates for older people significantly or to reduce the future[Read More…]

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Japan : Ageing and Employment Policies

Japan : Ageing and Employment Policies

In the face of rapid population ageing and the trend towards early retirement, there is a need to promote better employment opportunities for older people. Much has been said about the need for reform of old-age pensions and early retirement schemes but this may not be sufficient to raise employment rates for older people significantly or to reduce the future[Read More…]

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US : number of old worker increases

People over 60 have accounted for more than 10 percent of the total number of employed people for two consecutive months, the National Statistical Office said yesterday. According to the report, 2.3 million older people were working at the end of May, or 10.3 percent of the employment total. This reflects the growing number of older people who are actively[Read More…]

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Australia : The 50-somethings are reshaping the labour market

The 50-somethings are reshaping the labour market. Over the past decade, ageing baby boomers in the over-55 year age bracket have increased their share of the workforce from 8 per cent to 11.5 per cent, with their job growth in some years topping 10 per cent, an Age/Sydney Morning Herald study has found. The employment forecast has found that there are now[Read More…]

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