Original article by Noah Yim
The Daily Telegraph – Page: Online : 10-Jan-23

Data from the Australian Bureau of Statistics shows that five per cent of the nation’s workers – some 689,900 people – were aged 65+ in November 2022. This compares with 619,800 in November 2019, prior to the onset of the COVID-19 pandemic. Independent economist Chris Richardson notes that employers had to reconsider the value of older workers during the pandemic, due to the historically low unemployment rate and the lack of access to younger workers from overseas. He adds that Australia’s shift to a service economy means the physical negatives of ageing are now much less of a problem than in the past.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS