Australia: Workers over 45 will solve the labour shortage

Drake International has issued a white paper predicting that Australia will face permanent labour shortages across many industry sectors and occupations by 2010, due to the country's ageing population. Thus, knowing how to attract older employees could mean the difference between a thriving business and an ailing one in the next decade and beyond. According to a news story:

To prepare for the future, Drake's white paper encourages business owners and managers to assess their organisation's current age profile, review recruitment and induction processes for their age-friendliness and to explore new approaches to skill development that promote retention past current retirement ages.

Source: News article from Daily Telegraph (February 15, 2005)