The Labor Force Participation of Older Men in Canada
The Labor Force Participation of Older Men in Canada
With few exceptions, the labor force participation rates of older men in OECD countries have followed a common trend—after declining steadily for decades, the labor force participation rates of older men started to increase after the mid-1990s. We explore recent trends in the labor force participation rates of men aged 55 to 69 in Canada. Following steady declines in labor force participation until the mid-1990s, the labor force participation rates of older men have increased substantially and have reached historically high rates among those aged 65 to 69. We consider various factors that may influence the labor force participation rates of older men and suggest that improvements in health, higher education, and the increased attachment of older wives to the labor market are likely important factors driving recent trends in older men’s labor force participation in Canada.
Keywords: labor force participation, pensions, mortality, health, Canada
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