Older workers should be encouraged to remain in the workforce

02 July 2018

Between 2015 and 2050, it’s estimated that the number of people aged 55 and above in the 35 OECD countries will increase by almost 50% to over 500 million. But how many of these half a billion people will be working? PwC’s Golden Age Index benchmarks, ranks and analyses the performance of OECD countries in fostering older people’s participation in the workforce through employment and training data. It reveals how large potential economic gains are available if employment rates for those over 55 can be raised to those of the top performers. Current employment rates for workers aged 55-64 vary dramatically across the OECD, from 84% in Iceland to 34% in Turkey (Press Release PwC, 18 June 2018).
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