7 December 2010

ACT Residents, Getting Older and Working Longer

| Mathman
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The Australian Bureau of Statistics has released its latest expose on the characteristics of the ACT.

In the 12 months ending August 2010, there were an estimated 75,700 ACT residents aged 55 years and over, making up 26% of the ACT civilian population. Just over 40% of them (or 30,500 people) were participating in the labour force in the 12 months ending August 2010. People aged 55 years and over made up 15% of the total labour force, up from around 9% a decade earlier. The participation rate of ACT residents aged 55 years and over has increased from 32% to 40% over the last eight years.

Over the past decade, the labour force participation rates among older males and females in the ACT have been increasing steadily. From the 12 months ending August 2000 to the 12 months ending August 2010, the labour force participation rate among older males has increased from 40% to 48%, while for females it has increased from 26% to 35%.

From the 12 months ending August 2000 to the 12 months ending August 2010, the number of older people employed in the Public administration and safety industry in the ACT more than tripled.

See the full report at the ABS website

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“ACT residents, getting older and working longer”

I went to work this morning, by the end of the day, I was indeed older than I was before work and had worked longer than I ever had before. At least 8 hours longer in fact.

It took someone with a degree in stats to work out what I solved on the back of a fag packet and with Y12 education…

georgesgenitals4:24 pm 07 Dec 10

I’d expect this trend to continue for some decades.

rabblerouser11:04 am 07 Dec 10

This explains why it’s so difficult for people in their twenties to enter the public service.

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