LABRST 3D03 Chapter Notes - Chapter 1: Contingent Work, Taylor & Francis, Occupational Safety And Health
29 Nov 2016
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The safety and health of older works reading notes. Composition of the labour force has changed dramatically between 1950-1998, with more women and non-white workers entering the labour force p. 23. Work force participation of workers aged 45+ declined significantly during this time. With an aging labour force, there will be more jobs than people to fill them in the future p. 24. If the labour force participation rate does not increase, the ratio of inactive to working person will be almost double by 2050. This demographic change could mean that each working person financially supports one non-employed person. For this reason, there are efforts to get workers to continue in the labour force for longer periods. The organization for economic cooperation and development estimates that the removal of financial and non-financial retirement incentives" could help raise effective retirement ages.
