Friday, February 11, 2005

Finns Increasingly Working Past Retirement Age

In a special report on Global Again, Business Week reports that "economists are holding up Finland as the country most successful at convincing workers to stay on the job longer. Finland's average retirement age already has edged up from 56.6 in 1997 to 59 in 2004, while the employment rate of 55- to 64-year-olds has jumped from 36% to nearly 50% -- one of the highest gains in the European Union." While there is plenty of work ahead, "the wake-up call has spurred companies to experiment as never before with getting the best out of older workers."

Source:
Business Week, January 31, 2005 "Retire? More Finns Are Thinking Twice" and "Aging More Productively in Finland"

No comments: