Number of people working into their 70s rising, KPMG research shows
A “non -aging workers” army, which is preparing to stay good for their 70s, transforms the country’s labor force and gives employers a new source of labor.
Research compiled by KPMG published on Thursday, 70 -year -old men’s share in paid employment in 2004 shows that one out of 10 to four today. In the late 70s, about 10 percent of men still work.
“Non -aging workers” apply to the country’s labor force.Credit: Istock
Since 2014-15, the expected retirement age of men has increased to 67 years. 1.1 years increased by 65.3 years among women.
Age retirement age was increased from 65 to 67 between 2017-2023, but the expected retirement age also takes into account people who may want to continue to work instead of being completely retired.
According to KPMG Urban Economist Terry Rawnsley, the increase in pension -year -old increased some people, while many of them have actively decided to stay far beyond the “official” retirement age.
Büyük The growth in non-aging workers is not a new phenomenon after the pressure of life costs in 2023-24. A long-term tendency proposing a structural change in the concept of retirement. ”
Elderly men are more likely to continue working in the 70s. The rate of people in or looking for it increased to 5 percent in 2014-15 among women in the-70s-70s, while increased from 11 percent to 14 percent among men.
Rawnsley said that the changes in the type of business carried out by most people helped to explain some of the shifts and it was easier to remove a 70 -year -old laptop instead of working at a housing construction site.