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Additional info for Ageing And Employment Policies: Austria
Austria thus lags far behind the current lead countries in Europe – Iceland, Sweden, Norway and (for men) Switzerland, which have rates over 80% for men and 70% for women. 2). The huge difference in the relative positions of older and prime-aged workers suggests that policy and institutions play a large role in determining employment rates over the life cycle in Austria. AGEING AND EMPLOYMENT POLICIES: AUSTRIA – ISBN-92-64-01008-4 © OECD 2005 58 – CHAPTER 2. 1. Labour force status of older male and female workers in Austria by single years of age, 2003 Men Women Employed Unemployed 100 100 90 90 80 80 70 70 60 60 50 50 40 40 30 30 20 20 10 10 0 Inactive 0 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 Source: Statistics Austria (labour force survey).
3). In particular, Austria is among those countries that have not seen any increase in those participation rates for men – noting that the continued increase for women all over the OECD is to a considerable extent a cohort phenomenon. 5. In OECD (2003a), mobilisable labour resources are defined as the sum of excess inactivity and excess unemployment, both relative to international benchmarks. Excess inactivity is defined as any excess in the country's inactivity rate as compared with the inactivity rate of the third-best performing countries.
AGEING AND EMPLOYMENT POLICIES: AUSTRIA – ISBN-92-64-01008-4 © OECD 2005 This page intentionally left blank CHAPTER 2. OLDER WORKERS IN THE AUSTRIAN LABOUR MARKET – 57 Chapter 2 OLDER WORKERS IN THE AUSTRIAN LABOUR MARKET The previous chapter concluded that it will be very important for Austria to align the low average retirement age with a rapidly growing life expectancy at age 60. Most policy actors now agree that actions need to be taken to bring about that alignment. The long-held belief that older workers hamper the employment opportunities of youth has been abandoned as a fallacy.
Ageing And Employment Policies: Austria by Organisation for Economic Co-Operation a