00:00Taiwan's workforce is aging fast, with new data revealing that more than half a million people
00:05aged 65 and over are still working. Government data shows senior employment has jumped 84%
00:11over the past decade. This brings the participation rate for workers in that age bracket to almost
00:1611%, a record high for Taiwan's labor market. Officials say longer life expectancy and ongoing
00:22labor shortages are key drivers of this trend. And at the same time, younger working age
00:27populations are shrinking. Surveys also show that many older workers want to stay employed
00:32past retirement age, citing rising living costs and concerns about retirement savings.
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