The Facts About Experienced Worker
Population trends have created a situation that has never existed before. Over 30% of the workforce is comprised of “baby boomers” born between the years 1946 and 1966. By 2011, more Canadians will be leaving the workforce than entering it. Major studies predict a crisis in the workforce across North America and Europe over the next 20 years as the average age of baby boomers increases.
According to Statistics Canada, a growing number of older adults are returning to the workforce after retirement. Nearly 69% of those retired workers aged 50 to 54, either went back to work full-time or part-time within two years of retirement. Of those retirees aged 55 to 59, 39% went back to work, while 11% of those over 60 decided to go back to work after retirement. (Source: Dawn Walton. “Retirees returning to the work force.” The Globe and Mail. Sept. 27, 2002)
