Publication Type
Report
Version
publishedVersion
Publication Date
11-2018
Abstract
Many developed countries are approaching an era of ageing population due to an increase in longevity and decrease in fertility rates. Singapore is no exception, having one of the fastest ageing populations in Asia, which is driven by low fertility rates and the third longest life expectancy in the world. The number of elderly citizens, defined as those aged 65 and above, is expected to triple to 900,000 by 2030, making up about 28% of the total population in Singapore (Population SG, 2016). This changing population age profile, combined with a competitive labour market, means it makes business sense to train and retain mature workers to maintain a productive workforce contributing to the Singapore economy.
Keywords
Aging, labor force, Elderly, employee training, Singapore
Discipline
Asian Studies | Gerontology | Human Resources Management | Labor Economics
Research Areas
Applied Microeconomics
Areas of Excellence
Economics of Ageing and Healthcare Management
First Page
1
Last Page
38
ISBN
9789811408564
Publisher
Ong Teng Cheong Labour Leadership Institute
City or Country
Singapore
Embargo Period
4-28-2020
Citation
HOSKINS, Stephen and FACCHINELLO, Luca.
Labour research conference 2018: Upskilling of mature workers. (2018). 1-38.
Available at: https://ink.library.smu.edu.sg/soe_research/2374
Copyright Owner and License
Singapore Management University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Included in
Asian Studies Commons, Gerontology Commons, Human Resources Management Commons, Labor Economics Commons