There aren’t enough jobs for oldies to work longer

Treasurer Josh Frydenberg’s claim that older Australians need to work longer to take the strain off the federal budget has been slapped down by Dr Jim Stanford, who argues we have “a shortage of jobs, not a shortage of people to do the jobs”:

“The problem we have is a shortage of jobs, not a shortage of people to do the jobs,” Dr Stanford said.

“Instead of telling older workers that they should stay in the labour market and work until they’re 70, we should be encouraging them to retire by giving them secure and decent pensions.

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