The common theme in New Zealand labour force projections is the number of plus age 65 workers is to increase for next to nothing a mere 10 years ago, barely 65,000 plus 65 workers in all, to knock on the door of the number to population aged 15 to 24 in a mere 15 years from now.
Source: NZ.Stat.
Prime age male workers will continue to be the most predominant male worker but there will be many more +65 male workers. The retirement of baby boomer male workers is the reason why mature age working population is static for some time.
Source: NZ.Stat.
The working age female population aged 45 to 64 has already overtaken the 25 to 44 female working age population. The number of female workers aged 65 and over is also exploding.
Source: NZ.Stat.
Most labour force projections are based on the premise that we are all going to work to we drop. That is not unreasonable assumption given healthy ageing and the great number of service jobs that are available which are not physically taxing.
All population projections scenarios are for the 50th percentile projection.
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