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Keeping Australia's Older Workers in the Labour Force. A Policy Perspective

journal contribution
posted on 2023-05-16, 22:20 authored by Margaret WalterMargaret Walter, Jackson, N, Felmingham, BS
As in other western industrialised countries the structural ageing of the Australian population has significant labour market implications. Government has responded with a range of policies to persuade older workers to abandon early retirement and/or remain in the workforce past traditional retirement ages. But whether this generation of workers will be prepared to change their retirement plans in response to policy encouragement, and whether current policy measures will translate into significant numbers of older workers extending their labour force participation is uncertain. Using the Australian Survey of Retirement Attitudes and Motivations (ASRAM) a recently completed, nationally representative survey of Australian workers aged 40-59 years we find that while the Government message about working longer is getting through, older workers are relatively unresponsive to current policy measures. Other policies, especially policies outside the financial realm, are needed to maximise the number of older Australians in the labour force.

History

Publication title

Australian Journal of Social Issues

Volume

43

Pagination

291-309

ISSN

0157-6321

Department/School

School of Social Sciences

Publisher

Australian Council of Social Services

Place of publication

Canberra

Rights statement

Copyright 2008 Australian Council of Social Service (ACOSS)

Repository Status

  • Restricted

Socio-economic Objectives

Employment patterns and change

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