Ratio of labour force participants to retirees reduced by half over a 50-year period

In 2013, the ratio of labour force participants to seniors aged 65 and over and not in the labour force—essentially retired people—was 4.3.
In 1981, the ratio of labour force participants to retirees was around six and declined in the subsequent years. According to all the projection scenarios for the labour force, the ratio is projected to continue to decline over the coming years and fall below three by 2031. The decline represents a decrease of more than half of the ratio over the 50-year period between 1981 and 2031.

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