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Centre for Policy on Ageing | |
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Population ageing and the labour force
— 2000-2015 and 2015-2030 | | Author(s) | Jeromey B Temple, Peter F McDonald |
| Journal title | Australasian Journal on Ageing, vol 36, no 4, December 2017 |
| Publisher | Wiley, December 2017 |
| Pages | pp 264-270 |
| Source | http://www.wileyonlinelibrary.com/journal/ajag |
| Keywords | Population ; Ageing process ; Labour economics ; Employment of older people ; Australia. |
| Annotation | The present study aimed to examine the role of variations in mature age labour force participation on labour force outcomes over Australia's recent past (2000-2015) and into the immediate future (to 2030). In order to estimate the impact of rises in mature age participation on observed labour supply the research utilised demographic decomposition techniques. To examine future labour supply to 2030, the study simulated scenarios utilising a cohort-component projection model. Observed increases in mature age participation between 2000 and 2015 added approximately 786,000 mature age workers to the Australian labour force. Over the proceeding 15 years (2015-2030), conservative changes to prevailing mature age participation would add 304,000 additional workers. The speed of ageing is projected to increase and labour supply growth decrease in the next 15 years relative to that observed from 2000 to 2015. In order to benefit from increased mature age labour force participation, barriers to mature age participation will need to be addressed. (JL). |
| Accession Number | CPA-180119214 A |
| Classmark | S3: BG: WH: GC: 7YA |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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