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19 Nov 2023

Boosting Senior Workforce Could Lift Countries' GDP

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Encouraging older adults who wish but aren't employed to rejoin the workforce could boost GDP between 2% to 15%. The calculations are based on various factors such as GDP data, labor force composition, labor share of GDP data and natural unemployment rate. [Source](https://www.mckinsey.com/featured-insights/sustainable-inclusive-growth/chart-of-the-day/net-zeros-green-premium?cid=other-eml-chr-mip-mck&hlkid=6435928c3e254b568afb7291c1601273&hctky=14765045&hdpid=8956e568-8674-4453-97eb-dafee07ab008)