NEWS

Baby boomers mostly hold jobs long term, StatsCan says

10/02/2013 09:06 EDT | Updated 01/23/2014 06:58 EST
Older baby boomers in Canada were mostly long-term job-holders throughout their working lives, usually working for three to six private-sector employers and experiencing few layoffs, a Statistics Canada study indicates.

Now in their mid-60s, these leading-edge boomers are the subject of a new report 

- Canada's changing age and gender democraphics

- Baby boomers' health demands will pose challenges

about two-thirds of people at the older end of the baby boom generation entered their 50s in "long-term" jobs, defined as those lasting 12 years or more, Statistics Canada said.

"Nonetheless," the report says, "mobile workers at the upper end of the earnings distribution appear to have fared reasonably well in terms of annual and cumulative earnings."

In the end, the "longitudinal" study — meaning it involved observations over a long period of time — concludes that there hasn't been much change among baby boomers in their tendency to keep their long-term employment habits. 

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