Ageing Labour Forces: Promises and Prospects by Philip Taylor

By Philip Taylor

This provocative e-book considers the altering prestige of older staff, the evolution of public coverage on age and paintings and the behaviour of employers. It makes an attempt to reply to the severe query: In an ageing society, can older staff stay up for the possibility of longer operating lives with selection and protection and make profitable transitions to retirement? "Ageing Labour Forces" demanding situations the present stance of many governments and observers touching on regulations to increase operating lives. It utilises views and case reports from public coverage, employment coverage and the attitudes and behavior of older people.Philip Taylor argues that older employees were on the leading edge of industrialized society's efforts to answer the predicament dealing with social welfare platforms and the industrial threats linked to inhabitants growing older. Their involvement has compelled the restructuring of economies, changes to social welfare structures in addition to redefinitions to the particular idea of previous age. Containing contributions from top researchers in a couple of international locations, this paintings will attract lecturers and researchers attracted to paintings, getting old and public coverage in addition to labour economics.

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4 per cent for women. 6 per cent, increasing sharply to 26 per cent in the 55–9 age group, and to 51 per cent among those aged 60 to 64. 7 per cent among those aged 55–9 and 75 per cent among those in the 60–4 age groups (OECD, 2005: 55–6). ) Perhaps the most distressing feature of mature age unemployment is its duration, which has increased steadily, despite fluctuations, since the 1970s. In 1978, the average duration of unemployment for persons aged 55 and over was 36 weeks; in 1999, 104 weeks; and in 2004, 130 weeks.

Both enforced early exit (often in the form of ‘downsizing’) and voluntary retirement were responsible for a decline in labour force participation during the 1980s and 1990s. A survey of retirement by the Australian Bureau of Statistics in 1997 found that between 1960 and 1995, the average age at which people left the workforce fell by four years for men and five years for women. The same survey also found that 71 per cent of men left employment between the ages of 45 and 64, and 53 per cent between 55 and 64.

Although the Labor Government elected in 1983 was committed to social-democratic policies, these were accompanied by a neo-liberal approach to economic management popularly labelled ‘economic rationalism’. This included a policy of reducing or containing government expenditure on social welfare. Neo-liberal economic management was fuelled by the prospect of rising costs to government of the growing numbers of older, retired persons relative to the population of working age (the so-called age dependency ratio).

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