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Table 2 Descriptive summary, older Australian population aged 50–70, 2001 vs. 2015

From: Workforce participation, health and wealth inequality among older Australians between 2001 and 2015

 

2001

2015

Non-employed

Employed

T-test for difference

Non-employed

Employed

T-test for difference

Mean [CI]

Mean [CI]

(P-value)

Mean [CI]

Mean [CI]

(P-value)

Age

61.2 [60.9–61.5]

56.0 [55.8–56.2]

0.0000

62.3 [62.1–62.6]

57.01 [59.0–59.3]

0.0000

Gender (Male =1) (% of male)

41.1 [38.8–43.4]

56.4 [54.1–58.7]

0.0000

38.9 [36.8–41.0]

52.0 [50.2–53.7]

0.0000

Tertiary education (%)

33.9 [31.7–36.1]

51.2 [49.1–53.7]

0.0000

49.5 [47.4–51.7]

69.6 [68.0–71.2]

0.0000

Ethnicity (%)

 [1] Australian born

62.2 [59.6–64.4]

70.6 [68.4–72.7]

0.0000

68.0 [66–70]

72.8 [71.2–74.3]

0.0002

 [2] Aboriginal

1.38 [0.84–1.92]

0.79 [0.38–1.20]

0.0870

2.1 [1.5–2.7]

1.4 [0.96–1.77]

0.0324

 [3] English speaking migrants

15.3 [13.7–17.0]

14.8 [13.2–16.5]

0.6455

12.9 [11.5–14.4]

12.8 [11.7–14.0]

0.9323

 [4] Non-English speaking

21.0 [19.1–22.9]

13.8 [12.2–15.4]

0.0000

16.8 [15.2–18.4]

13.0 [11.8–14.1]

0.0001

 Mental health (scaled 0–100)

72.2 [71.3–73.1]

78.1 [77.4–78.9]

0.0000

72.0 [71.2–72.9]

77.2 [76.6–77.8]

0.0000

 Physical functioning (0–100)

66.8 [65.4–68.1]

83.7 [82.8–84.6]

0.0000

69.0 [67.8–70.2]

84.7 [84.0–85.3]

0.0000

 General health (scaled 0–100)

58.8 [57.6–60.1]

72.1 [71.2–73.0]

0.0000

57.2 [56.1–58.3]

68.7 [68.0–69.4]

0.0000

 No of health condition (0–15)a

0.76 [0.72–0.79]

0.27 [0.25–0.30]

0.0000

0.86 [0.82–0.89]

0.31 [0.29–0.33]

0.0000

Self-assessed health (%)

 [1] Excellent

7.47 [6.2–8.7]

13.47 [11.8–15.1]

0.0000

4.48 [3.57–5.40]

8.2 [7.2–9.2]

0.0000

 [2] Very good

22.5 [20.5–24.5]

40.7 [38.3–43.0]

0.0000

22.2 [20.3–24.0]

35.6 [33.8–37.3]

0.0000

 [3] Good

33.99 [31.7–36.2]

34.6 [32.3–36.9]

0.6983

37.6 [35.5–39.8]

41.1 [39.3–42.9]

0.0158

 [4] Fair

26.3 [24.2–28.4]

9.6 [8.2–11.0]

0.0000

26.1 [24.2–28.1]

14.1 [12.8–15.4]

0.0000

 [5] Poor

9.7 [8.3–11.1]

1.6 [1.0–2.2]

0.0000

9.6 [8.3–10.9]

1.0 [0.64–1.36]

0.0000

Regular private income

8.8 [7.9–9.6]

44.6 [42.3–46.8]

0.0000

13.7 [12.4–14.9]

54.5 [52.6–56.3]

0.0000

Income from all sources

14.9 [14.2–15.7]

45.4 [43.1–47.6]

0.0000

21.4 [20.1–22.6]

55.5 [53.7–57.4]

0.0000

Household net worth

504.8 [467–542]

812.2 [752–872]

0.0000

754.6 [709–800]

925.3 [888–963]

0.0000

Net financial assets b

203.8 [183–224]

319.5 [259–344]

0.0000

334 [302–365]

395 [373–416]

0.0012

Superannuationb

100.2 [89.6–111]

180.2 [168–192]

0.0000

213.6 [195–232]

272 [259–285]

0.0000

  1. All monetary variables were discounted to 2002 price. The Economic outcome variables were in AU$1000
  2. aData available from wave 3 onwards
  3. bData were available in every four years since 2002