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Canadian labour force : what will happen once baby boomers retire?
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Canadian labour force : what will happen once baby boomers retire?
-- What will happen once baby boomers retire?
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"Using updated population projections to reflect recent demographic changes, this study examines potential future trends in the Canadian labour force up to 2041. It seeks to answer the following questions: What will the Canadian labour force look like once all baby boomers have reached the usual retirement age? Is it possible to find a new equilibrium between labour force entries and exits after 2030? How could the size, demographic weight and composition of the labour force change over the next 20 years? To answer these questions, this article presents a sensitivity analysis. Different demographic scenarios were developed to show the sensitivity of future changes in the size, demographic weight and composition of Canada's labour force between now and 2041 to different immigration levels and changes in labour force participation rates by age"--Introduction, page 2.
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