The aging of Canada’s labour force — and the aging of pretty much every fully industrialized country’s labour force, in an awkwardly synchronized way — is The Issue. This is not an unreasonable expectation, and, in fact, a new Statistics Canada study of labour force aging suggests it is partly panning out — so far. Another big thing that appears to influence labour force participation, for example, is education. People with more of it stay in the work force longerThat factor, by itself, is contributing to the demographic cushion. Remember, the overall labour force participation rate is already declining just because of age-composition effects.

Source: National Post June 14, 2017 19:30 UTC