Older workers and VET: At a glance

Description

Australia, in common with many industrialised countries, must adjust in the coming years to an ageing population. The labour force participation rate is projected to fall and there will be a record number of older people who have retired from work. Thus, there will be fewer workers as a share of the population to generate the income needed to support the entire population. This publication looks at older workers in terms of their employment characteristics and describes ways to boost their participation or to remain at work.