Promoting quality employment for older workers is crucial to boosting growth and ensuring a financially sustainable pension system, according to a new OECD report on ageing and employment policies in France.
Working Better with Age in France emphasises that the transition from employment to retirement comes especially early and poses problems for many older workers. Between 2008 and 2011, only 55% of older people went directly from employment to retirement. The others experienced periods of unemployment, in many cases long-term, at the end of their careers.
France ranks nearly last among OECD countries for the effective retirement age. In 2012, this was estimated at 59.7 for men and 60.0 for women, versus respective averages of 64.2 and 63.3 across the OECD area as a whole.
Chosen excerpts by Job Market Monitor. Read the whole story at France:- France must do more to promote quality jobs for older workers, says OECD – Organisation for Economic Co-operation and Development.
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