New Economics: here for good. I stand for social, economic and environmental justice. At the heart of my vision for New Zealand is a fundamental reform of the monetary system - where policies to strengthen communities, reward enterprise & safeguard the environment become possible.
Friday, July 8, 2011
Older workers taking jobs
Older workers taking the jobs while youth unemployment rises - currently 27.5% for those aged between 15 to 19 and 13.5% for those 20 to 24.
What's going on?
I would suggest that we should aim to reverse the process - progressively reduce the retirement age to 55 while increasing the employment rates of the youth. We should be extending the working hours, the life, the productivity and the efficiencies of our technologies and production lines.
Labels:
employment,
retirement,
unemployment,
youth
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