Israel’s elderly employment rate among OECD’s highest

Israel's elderly employment rate is among the highest in the OECD, with about 28% of men and 15% of women over 65 still working, according to the Shoresh Institute. Data from Hilan Value shows over 58% of men working past retirement age continue past 70, and 70% of older workers have 10+ years of experience. The security, education, and HR sectors have the highest proportions of older workers, while tech has only 4%.

Israel's elderly employment rate is among the highest in the OECD, according to data from the Shoresh Institute. About 28% of men and 15% of women over 65 continue to work, significantly higher than the OECD average of 21% and 11%. This trend is driven by high life expectancy, the high cost of living, and a shortfall in pension provisions. New data from Hilan Value, which segments tens of thousands of employees in large companies, shows that over 58% of men working past retirement age continue past 70, while only 29% of women do. The vast majority of older employees are veterans, with 70% having 10+ years of experience. The security, nursing, and HR sectors have the highest proportion of older workers (31%), followed by education (16%), and tech (4%). Prof. Assaf Avrahami, CEO of Hilan Value, says the data refutes the perception that older workers are a burden and that AI may extend their careers.