Immigrants and Oldies share our growing work load
The latest Reserve Bank Bulletin points out the labour force has grown at an average rate of 2.5 per cent a year since 2005. That’s fast – it’s also an extra 1.4 million people. Where have they all come from?
The first source is more people of working age (those 15 and over) choosing to actually participate in the labour force. And the big increase has been among women, plus older workers choosing to delay their retirement.
Great article by Ross Gittins in the Sydney Morning Herald today…
If you enjoyed this post, make sure you subscribe to my RSS feed!
Nice post. As per my opinion our senior citizens should not be work at their increasing age. They should take care of them self. They should travel different places for their good health. Thank you for this link, this is very knowledgeable.