Overview

People today are living longer than ever before, while birth rates are dropping in the majority of OECD countries. Such demographics raise the question: Are current public social expenditures adequate and sustainable? Older workers play a crucial role in the labor market. Now that legal retirement ages are rising, fewer older workers are retiring early, but at the same time those older workers who have lost their jobs after the age of 50 have tended to remain in long-term unemployment. What can countries do to help? How can they give older people better work incentives and opportunities? This synthesis report offers analysis and assessment on what the best policies are for fostering employability, job mobility, and labor demand at an older age. It consolidates the findings of the policy reviews, analytical studies, and country case studies.

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