regular textmedium textlarge text
Print This Page Share this page

Employment Rate of Older Residents

Elderly Employment Rate Rose To A New High in 2010, After Holding Steady Over The Past Two Years


Source:

Singapore - Mid-Year Comprehensive Labour Force Survey, MOM
Other Countries - OECD Database and National Statistical Agencies

Notes:

  1. The employment rate is defined as the proportion of the population in the specific age group who are employed.
  2. Singapore data for June 1995, 2000 and 2005 are not available as the Labour Market Survey was not conducted in these years.
  3. To facilitate comparison with data for 2008 onwards, Singapore's 2007 Labour Force Survey (LFS) data have been adjusted based on Singapore Department of Statistics' revised population estimates (released in February 2008) which exclude Singapore residents who have been away from Singapore for a continuous period of 12 months or longer. The 2007 adjusted data for Singapore are denoted by the symbol "a".

The employment rate for older residents aged 55 to 64 rose to a new high of 59% in 2010, after holding steady at 57% over the past two years. Singapore’s employment rate for older residents has made good progress over the years, amid continuing national efforts to enhance the employability of older persons. In 1991, Singapore’s rate lagged behind developed countries like the United Kingdom, the United States and Japan as well as Asian NIEs like Hong Kong and Taiwan. Over the years, Singapore has overtaken Hong Kong and Taiwan and is now approaching the levels in the United States and South Korea. Nevertheless, we still lag behind Japan.

Last updated on 31 January 2012 10:08:37