Employment Facts

Posted on Feb 10, 2008 in Employment
Without significant change in attitude and practice, Australia’s ageing population may prove a burden, not a blessing.

Some key facts about mature age working:

  1. Many older workseekers will never find full-time work again, once they have been “down-sized”. For those who do not qualify for income support – and for most who do – that means they often struggle to survive and try to re-establish themselves while using up their savings/retirement savings and assets,
  2. Many older workseekers survive by cobbling together a living by generating income from a variety of irregular contract and casual sources. This has a dramatic effect on the level of superannuation contributions they are able…