Singapore: Progress Reported on Enhanced Employability of Aging Population

Singapore's Ministerial Committee on Ageing (MCA) has released a report card on the work accomplished by the Singapore Government on ageing issues, including enhanced employability, one of the four previously-endorsed strategic thrusts. According to MCA, good progress has been made all fronts and further initiatives will be pursued in 2008.

With respect to employability, the report card shows that the employment rate of older residents aged 55 to 64 rose by 2.5% points over the year to 56.2% in June 2007, as a result of a buoyant economy and initiatives implemented. Following the May 2007 release of the final report of the Tripartite Committee on Employability of Older Workers, "more will be done to positively shape the mindsets of employers and employees towards employing older workers and to facilitate the re-design of jobs to make them more suited for older workers."

Source: Ministerial Committee on Ageing Media Release No. 03/2008 (January 15, 2008)