Friday, April 29, 2022

CANADA'S AGING WORK FORCE

Canada's working-age population is older than it has ever been, according to new census figures released Wednesday.

More than one in five working adults is now nearing retirement, says Statistics Canada — a demographic shift that will create significant challenges for the Canadian workforce in the coming decade.

The Canadian population now has a larger share of people aged 55 to 64 than it does of those aged 15 to 24, the age at which people enter the workforce.

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