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Industrialised nations will soon be facing major problems in terms of skills and labour shortage if they do not reform their policies for retaining and re-integrating mature workers into the production process, according to a US new study.
In 1997, 30 percent of the G7's population was aged 50 or over; however in 2017, the figure will be closer to 40 percent. The percentage of the G7's population considered to be of prime working age (15 to 49 years old) will decline from 51 percent ten years ago to 44 percent ten years from now.
A new study commissioned by AARP, the American Association of Retired Persons, looks at how the world's leading economies are responding to the ageing workforce dynamic. The study examined the (G7) countries (Canada, France, Germany, Italy, Japan, the UK and the US). It includes feedback from governments, employers and 8,200 employees across the G7 countries.
Some of the study's key findings are: