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     A Statistical Profile of Older Workers

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More than three out of four (77%) older workers were employed in the services sector in 2006, with the proportion higher among older females (84%) compared to older males (74%).

Administrative & support services (42%) and hotels & restaurants (38%) had the highest incidence of older workers among their resident workforce in 2006 where around four out of every ten workers were aged 50 & over.

At the other end, the incidence of older workers was lowest in information & communications (8.3%), professional services and financial services (both 14%).

Older workers were more likely to be self-employed (26%) than the younger cohort (12%).

Many of the self-employed are working proprietors, taxi drivers and hawkers/ stall holders. Older workers are also more likely to work part-time than those younger.

Part-timers made up 11% of employed residents aged 50 & over compared to only 4.9% for those aged below 50.

Older workers have a lower incidence of switching jobs. In 20041, about one in ten (11%) employed residents aged 50 & over switched jobs in the last two years. This was considerably fewer than about one in five for those in their 30s and one in four for those younger.

Among full-timers, older workers tend to work longer hours compared to those younger. The proportion of full-time employed older residents working at least 50 hours a week (35%) in 2006 was higher compared to those in their 30s (30%) or younger (23% for those aged 15 to 24 and 27% for those aged 25 to 29).

The report is available online on the Ministry of Manpower¨s website at http://www.mom.gov.sg/mrsd/publication.

1 Latest available data on job change is for 2004.

Source: www.mom.gov.sg Press Release 22 Feb 2007