For example, on the data for the labour force survey—as I mentioned, we report monthly—we often see growth in the 55-plus population, and often about half of that is played from demographics. The baby boomers are coming to that age where they are now entering that age category, so part of the growth is just natural as a result of aging, and part of it is as a result of people going out and getting new employment.
On May 7th, 2013. See this statement in context.