Participation of older workers - ARCHIVED

For some years now, attention has been focused on the predicted retirement patterns of the baby-boom generation since a wave of early departures could seriously disrupt the labour force. However, recent studies and indicators suggest that baby boomers may not in fact be collectively fleeing employment for 'freedom 55. In 2006, a record proportion of 60 to 64 year-olds were in the labour force (45%) and the retirement age remained steady at 61.5. The article examines labour market trends of the population aged 55 to 64 and the employment characteristics of workers in this age group vis à vis those aged 25 to 54.