Statistics: mature age persons
September 2009
The Department of Education and Training's Training and Skills Research Unit developed an information brief in September 2009 on Mature Aged persons in the labour force. This data relates to Queensland.
The key points it identifies areas follows:
- the mature aged labor force participation rate was the highest on record (52.9%)
- annual employment growth of the mature aged (4.3%) outpaced that for persons aged 15-44 years (-0.1%)
- the incidence of mature aged long term unemployment fell by 5.2% points over the year to 12.7%.
Statistics are also provided on employment and unemployment, participation rates, the duration of unemployment and long tern unemployment.
Read the complete information brief on mature aged persons in the labour force (September 2009) [PDF 22kb]
The Chamber of Commerce and Industry Queensland provides the following information relating to mature age workers:
- The Australian Bureau of Statistics' Labour Force Projections 1999-2016 reports that the ageing of the existing workforce and the reduction in new entrants means that more reliance is going to be placed on older workers in the foreseeable future.
- It is estimated that 85% of all workforce growth will be supplied by people aged 45 and over by 2012, up from 32% in 1992.
- Retaining and retraining mature-age workers can assist businesses to maintain skills and experience in the face of a slowing labour supply, while also providing scope to better align their workforce with an aging customer base.
This page was last updated at Thursday, 28-Oct-2010 09:16:03 EST