More older employees in the labor market? 78% of 55–64-year-olds participate in the labor market.
The employment rate indicates the proportion of the labor force – that is, employed and unemployed persons according to the definition of the International Labour Organization (ILO) – within the respective reference population. The employment rate of men in this age group increased from 79.3% to 83.6% during the same period, an increase of 4.3 percentage points. The increase among women of the same age was more significant, rising from 51.3% in 2000 to 71.9% in 2024, an increase of 20.6 percenta…
The employment rate indicates the proportion of the labor force – that is, employed and unemployed persons according to the definition of the International Labour Organization (ILO) – within the respective reference population. The employment rate of men in this age group increased from 79.3% to 83.6% during the same period, an increase of 4.3 percentage points. The increase among women of the same age was more significant, rising from 51.3% in 2000 to 71.9% in 2024, an increase of 20.6 percenta…