Intergenerational Employment: enhancing older workers’ labour market integration

The urgency to support labour market transitions for older workers is increasing in both developed and emerging countries. An aging workforce, combined with low birth rates, intensifies labour shortages and pressures pension systems. While high-income countries are currently most affected by ageing societies, emerging countries are also beginning to face these challenges. Developing ageing-responsive public employment services (PES) and active labour market policies (ALMPs) can significantly improve the employment of older workers, enhance labour supply, and contribute to more sustainable pension systems. These initiatives can also promote intergenerational solidarity, allowing younger workers to benefit from the skills and experience of their older counterparts.

Objectives

With support from the Ministry of Labour of the Republic of Korea, this project aims to enhance the knowledge and capacity of governments, employers, and workers' organizations globally to develop effective labour market initiatives that address the challenges of aging societies. The project will also assist selected countries in creating and implementing these initiatives.

Key activities include:

• Conducting a multi-country study on ALMPs for older workers.
• Creating a global, online repository of ALMPs.
• Developing a guide and tools for the formulation and implementation of integrated ALMPs.
• Building the capacity of selected countries to develop and implement integrated ALMP packages.