By OECD. Published by : OECD Publishing
In Canada, the percentage of people elderly sixty five and over to the working-age inhabitants will double to forty five% by means of 2050. Without coverage alterations, this would result in larger public expenses, labour strength shortages, and slower monetary growth.&n
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Extra info for Ageing and Employment Policies Vieillissement et politiques de l'emploi Canada
4 0 20 40 60 80 100 Source: Eurostat, European Union Labour Force Survey for Austria, France and the Netherlands; OECD (2005), Labour Force Statistics, 1984-2004, Paris, forthcoming. B. 2). However, between the ages of 55 and 60, participation rates fall substantially – for men they fall by more than 27 percentage points and for women, by more than 35 percentage points. In addition, the most significant decline in participation rates occurs between the AGEING AND EMPLOYMENT POLICIES: CANADA – ISBN-92-64-01244-3 © OECD 2005 CHAPTER 2.
A. 2 illustrates that the inability to work is an important factor why individuals, especially older men, do not participate in the labour market. 5% among men aged 45-49. 2. 9 Source: Statistics Canada, Labour Force Survey. 11. e. they may consider themselves retired. AGEING AND EMPLOYMENT POLICIES: CANADA – ISBN-92-64-01244-3 © OECD 2005 CHAPTER 2. 9. – 55 Employment growth by occupation, age and gender, 1993-2003 Change in percentage points of occupation shares in employment by gender between 1993 and 2003 Women Men 4 3 Change in older workers (50-64) 2 SALE NATU PROC NATU SOCI SALE PROC ARTC SOCI ARTC HEAL TRAD HEAL 0 TRAD -4 -3 -2 PRIM 1 -1 MANA BUSI 0 1 2 3 4 MANA -1 -2 PRIM -3 BUSI -4 Change in total employment ARTC: Art, culture recreation and sport BUSI: Business, finance and administrative occupations HEAL: Health occupations M ANA: Management occupations NATU: Natural and applied sciences and related occupations PRIM: Unique to primary industry PROC: Unique to processing, manufacturing and utilities SALE: Sales and service occupations SOCI: Social science, education, government service and religion TRAD: Trades, transport and equipment operators and related occupations Source: Statistics Canada, Labour Force Survey.
Moreover, while it is perhaps unlikely that participation rates in Canada reach the highest level present in OECD, use of the maximum scenario gives a good indication that there is scope in the Canadian context to improve the labour market outcomes of older workers and better optimise labour supply especially for this group. And, while it is important to recognise the value and contribution of unpaid work, many older workers would choose to remain in paid employment for longer given appropriate policies and workplace practices.
Ageing and Employment Policies Vieillissement et politiques de l'emploi Canada by OECD. Published by : OECD Publishing