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Demographics

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Working Futures 2017-2027: Long-run labour market and skills projections for the UK

The Department of Education’s latest Working Futures report reveals that despite an overall increase in the working-age population and economically active workforce, labour market participation rates are expected to slightly decline due to an ageing population. The female labour force is expected to increase faster than the male labour force, reflecting the increasing participation of women in the labour market and the gradual increasing pension age for women.

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Ageism in the workplace study

Hiscox report on how ageism in the workplace has changed and increased. The number of age-related discrimination charges filed with employers and the EEOC by workers aged 65+ doubled from 1990 to 2017. There were 18,376 cases in 2017.

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Gig economy impact by generation

This report by Prudential notes the differing impact of the ever-growing gig economy based on different generations.

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Ageing gracefully - the opportunities of an older workforce

This CIPD report notes that as life expectancies increase, most countries are seeing ageing populations which comes with the challenge of how states and individuals would fund retirement, as this added strain is placed on their tax and welfare systems.

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The future of work in black America

In this report, McKinsey & Co highlights that Black Americans are poised to be disproportionately impacted by automation, with the possibility of some 132,000 African-American jobs being displaced as a result of automation and artificial intelligence by the year 2030.

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America's future of work

In this McKinsey & Co report, it is highlighted that automation is slowly phasing out some jobs in the USA but their concentration varies and the US economy will inevitably continue to generate other jobs.

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Working Better with Age

This report by the OECD reveals that if nothing is done to change existing work and retirement patterns, the number of older inactive people who will need to be supported by each worker could rise by around 40% between 2018 and 2050 on average in the OECD area. The research identifies what measures could be taken to promote more and better jobs for older workers. This includes taking action in three key areas: (1) rewarding work and later retirement; (2) encouraging employers to retain and hire older workers; and (3) promoting the employability of workers throughout their working lives.

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Megatrends: is work in the UK really becoming less secure?

This report by the CIPD explores the accuracy of the popular view that work is becoming more insecure, associated with the rise of atypical forms of work such as the gig-economy, zero-hour working and agency work.

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The role of international migration on the UK’s ageing population

This article by the ONS considers the impact of the UK’s ageing population, old-age dependency, and the role of international migration to meet associated challenges.

The article proposes an alternative approach to measuring population ageing and economic activity - the Active Dependency Ratio (ADR). It suggests that international migration will have less of an effect on potential old-age economic dependency compared to the projected future growth in older workers.

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Unions must organise and stand up for self-employed workers

The recent Fabian Society Report highlights the importance of unions organising, representing and supporting self-workers rights.

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