Faithin Omaha eBook Collection

Download or read book Ageing and Employment Policies Working Better with Age written by OECD and published by OECD Publishing. This book was released on 2019-08-30 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: People today are living longer than ever before, but what is a boon for individuals can be challenging for societies. If nothing is done to change existing work and retirement patterns, the number of older inactive people who will need to be supported by each worker could rise by around 40% between 2018 and 2050 on average in the OECD area. This would put a brake on rising living standards as well as enormous pressure on younger generations who will be financing social protection systems. Improving employment prospects of older workers will be crucial. At the same time, taking a life-course approach will be necessary to avoid accumulation of individual disadvantages over work careers that discourage or prevent work at an older age.