Literacy Newfoundland and Labrador

One in four workers will be 55 and over by 2021: StatsCan

Research | Posted: September 7, 2011

By John Morrissy, Financial Post August 19, 2011

Canada's labour force is aging rapidly and by the year 2021 as many as one in four workers could be age 55 or over, according to a recent report by Statistics Canada.

The shift has negative implications for the Canadian economy, as the federal agency's survey also forecasts a slowing in the growth of the labour force, primarily as a result of the retirement of the baby boomers.

Read the full story here [Edmonton Journal]
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