Older Australians working longer than ever

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According to the ABS, older Australians are working longer than ever and their share of the Australian labour market doubled in the decade to 2016:

Nearly a fifth of Australians aged 65 and over and working in 2006 were working ten years later, according to new analysis released today by the Australian Bureau of Statistics (ABS).

This reflects a doubling of the proportion of employed people who were older (65 years and over), between 2006 and 2016, from 2 per cent to 4 per cent of all employed people.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.