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:: Saturday, December 27, 2003 ::
Older workers are valuable workers Montreal Gazette
A generation ago, there was a certain economic logic to mandatory retirement, from a social-engineering point of view. Youth unemployment was very high because the massive baby-boom cohort was so large; forcing older workers to leave the workforce opened up jobs for younger (and lower-paid) workers.
But that 'problem,' such as it was, doesn't exist anymore. With declining birth rates, low unemployment rates across the board, a worsening skills shortage and 300,000 job positions in Quebec alone expected to go vacant because of retirement over the next three years, Canada is going to need to start looking at ways of keeping older workers on the job.------------------------------------------- posted 9:28 AM :: reference link ::
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