Mature Age employment is defined as employment over the age of 50 years. Many older Australians want to continue to work but find it difficult to get work if they have become made redundant or otherwise become unemployed, often deliberately targeted in redundancy. COTA advocates forcefully removing barriers to a longer working life for Australians and the right of older Australians to work on as long as they wish and are able, including measures to enable that. We support and advocate for employment policies that encourage and support mature age people to work under flexible arrangements, enabling them to change the nature and extent of their labour force participation. There is an substantial degree of international consensus about the need for a longer working life often called active or productive ageing. Some older people and their advocates argue for it as a right, on the basis of the economic, social and health benefits it offers to some older workers.
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The employment rate for a given age group is measured as the number of employed people of a given age as a percentage of the total number of people in that same age group. Employed people are defined as those aged 15 and over who report that they have worked in gainful employment for at least one hour in the previous week or who had a job but were absent from work during the reference week while having a formal job attachment. Employment rates are shown for four age groups: people aged the working age population : people aged 15 to 24 those just entering the labour market following education ; people aged 25 to 54 those in their prime working lives ; people aged 55 to 64 those passing the peak of their career and approaching retirement.