5 Facts: The Workers Won’t Stop Working
On average, over half of 55-64 year-olds are still working throughout the OECD.
1. Throughout the OECD, 56.4% — more than half — of all 55-64 year-olds are still working (as of 2013).
2. Of the 34 individual member countries, Mexico, at 55%, is the one closest to the overall OECD average.
3. The OECD country with the highest share of people aged 55-64 still in the workforce is Iceland, where 81.2% of people in that age group are working.
4. Of the 16 nations below the OECD average, 14 of them are countries in the European Union.
5. Other than Mexico, the only non-EU country below the OECD average is Turkey. There, only 31.5% of 55-64 year-olds remain in the workforce. However, many older Turkish workers participate in the informal job market.
Source: OECD with additional analysis by The Globalist Research Center