The Implications of Demographic Ageing for Queensland’s Labour Force
This discussion paper was a collaborative project of the Departments of Treasury, Industrial Relations and Employment and Training, April 2006.
Population ageing has been occurring for many years in industrialised countries, as people live longer and healthier lives and have fewer children. The ageing of the Queensland population, without any policy changes, is likely to have three main economic impacts in the coming decades: slowing the rate of labour force growth; slowing the rate of economic growth; and slowing the rate of growth in average living standards. It is important to note that all three measures are projected to grow, albeit at slower rates than they currently are.
This paper focuses on labour supply and demand in Queensland over the next fifty years and the impact of changes in the labour force participation rate on the growth of living standards. In so doing it is acknowledged that labour productivity is an important issue that needs to be considered. However, the effects of labour productivity and the role of education and training in mitigating the impacts of ageing are largely outside the scope of the current document.
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| The Implications of Demographic Ageing for Queensland’s Labour Force | (880 kB) |
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Last reviewed: Dec 20, 2006, Last modified: Dec 12, 2006
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