Businesses shun older workers as they cry “shortage”

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A new survey by the Australian Human Resources Institute and the Human Rights Commission found that 17% of business leaders now classify people aged 51-55 as ‘older’ workers, compared to just 11% in 2018.

Moreover, just under 50% of those surveyed stated that they would be reluctant to hire someone over a specific age.

Key points from the report are as follows:

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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.