Older Workers and the Crisis: Towards an Integrated and Decent Work Perspective
Publisher:
AARP InternationalDate published:
4 August, 2009Region:
International Publication type:
policyFeatured item on home page:
no
Page 36 of AARP Summer Journal
Juan Somavia, Director General of the International Labour Organization writes about the international crisis, employment and older people.
In this global job crisis, older workers, together with young people, migrants and low skilled workers, are likely to bear the brunt of job losses. Demographic trends tell us that, by 2050, two billion people will be aged 60 years or over and 80 percent of them will be living in developing countries. With populations aging, the working population will shrink while the labor force itself grows older. Worldwide, the labor force, aged 60-64, will increase by 55 million between now and 2020; over 45 million will be in developing countries. Older workers and their respective conditions in labor markets, represent a diverse panorama of realities across the globe. With a wide range of patterns in retirement age and access to health care, pension schemes and social benefits in different countries, the reality of the crisis is hitting, with varying intensity, specific groups amongst older workers and across countries and economic sectors.
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