scholarly journals Retirement decisions in a changing labor market

Author(s):  
Robert L. Clark ◽  
Joseph P. Newhouse

Abstract The papers in this volume examine a series of important questions that influence the transition from full time employment to complete retirement. Retirement is shown to be a process as individuals move from career jobs to bridge jobs to being out of the labor force. The articles examine the characteristics of bridge jobs and the employment conditions that older workers prefer. Analysis provided by the authors show the importance of saving throughout work life and how pension plans and retirement saving plans influence the timing of retirement.

Demography ◽  
2022 ◽  
Author(s):  
Andrés Villarreal ◽  
Wei-hsin Yu

Abstract We investigate the impact of the COVID-19 epidemic on gender disparities in three employment outcomes: labor force participation, full-time employment, and unemployment. Using data from the monthly Current Population Survey, in this research note we test individual fixed-effects models to examine the employment status of women relative to that of men in the nine months following the onset of the epidemic in March of 2020. We also test separate models to examine differences between women and men based on the presence of young children. Because the economic effects of the epidemic coincided with the summer months, when women's employment often declines, we account for seasonality in women's employment status. After doing so, we find that women's full-time employment did not decline significantly relative to that of men during the months following the beginning of the epidemic. Gender gaps in unemployment and labor force participation did increase, however, in the early and later months of the year, respectively. Our findings regarding women's labor force participation and employment have implications for our understanding of the long-term effects of the health crisis on other demographic outcomes.


It's a Setup ◽  
2021 ◽  
pp. 21-55
Author(s):  
Timothy Black ◽  
Sky Keyes

In this chapter, the authors describe the effects that neoliberal economic restructuring has had on the earning potential of men at the bottom of the labor force. Pushed into low-wage full-time employment that falls far short of meeting family needs or into part-time employment, or even out of the labor force, these men struggle to contribute as providers, and as fathers more generally. Financial stress in family relationships has become less episodic and more permanent, while marriage has ceased to be a viable institution in economically unstable social circumstances. The jobless recovery of the early part of the decade and the Great Recession at the end help us to see family vulnerability in a neoliberal context.


ILR Review ◽  
2003 ◽  
Vol 56 (4) ◽  
pp. 699-715 ◽  
Author(s):  
Gangaram Singh ◽  
Anil Verma

This study examines the relationship between later-life labor force participation and work history. Survey data on 1,805 Bell Canada early retirees show that 40% returned to work, of whom 17% took full-time employment, 51% took part-time employment, and 32% became self-employed. Return to work was positively related to work attachment and tenure in the last job, and negatively related to having been in a non-managerial occupation and lacking upward career mobility. Those with high attachment to work (as measured by responses to several survey questions) were more likely to return to full-time employment than to retire. Clerical workers were less likely than managers to choose part-time employment over retirement. Both lateral (versus upward) mobility in the last job and high work attachment were negatively related to the choice of self-employment over retirement.


ILR Review ◽  
1996 ◽  
Vol 49 (3) ◽  
pp. 522-536 ◽  
Author(s):  
Leslie S. Stratton

Theoretically, those classified by the Bureau of Labor Statistics as involuntary part-time workers are individuals who would like to work full-time but have been unable to obtain full-time employment. To empirically test the accuracy of that definition, the author employs simple probit models of employment preferences and employment opportunities estimated with data from the March 1990 Current Population Survey. The results confirm that those classified as involuntary part-time workers were indeed employed part-time “involuntarily.” Furthermore, those classified as involuntary part-time workers in 1990 were at least 50% more likely to be in the full-time labor force in 1991 than were those who were classified as voluntary part-time workers in 1990.


2019 ◽  
Vol 49 (3) ◽  
pp. 476-515 ◽  
Author(s):  
Kristian Heggebø ◽  
Veerle Buffel

Higher employment rates among vulnerable groups is an important policy goal; it is therefore vital to examine which social policies, or mix of policies, are best able to incorporate vulnerable groups – such as people with ill health – into the labor market. We examine whether 2 “flexicurity” countries, Denmark and the Netherlands, have less labor market exclusion among people with ill health compared to the neighboring countries of Norway and Belgium. We analyze the 2 country pairs of Denmark–Norway and the Netherlands–Belgium using OLS regressions and propensity score kernel matching of EU-SILC panel data (2010–2013). Both unemployment and disability likelihood is remarkably similar for people with ill health across the 4 countries, despite considerable social policy differences. There are 3 possible explanations for the observed cross-national similarity. First, different social policy combinations could lead toward the same employment outcomes for people with ill health. Second, most policy instruments are located on the supply side, and demand side reasons for the observed “employment penalty” (e.g., employer skepticism/discrimination) are often neglected. Third, it is too demanding to hold (full-time) employment for a sizeable proportion of those who have poor health status.


Social Forces ◽  
2020 ◽  
Author(s):  
Quan D Mai

Abstract The advent of various types of contingent jobs complicates selection criteria for full-time employment. While previous studies analyzed the penalties associated with other forms of contingent work, the labor market consequences of freelancing have been overlooked. I argue that freelancing works have features of both “good” and “bad” jobs, transcend the demarcation between “primary” and “secondary” sectors implied by segmentation theorists, and thus embed uncertainty around their categorization and meaning. Drawing on the “signal clarity” concept from management scholarship, I extend existing sociological works on employer perceptions of candidates by proposing a model to theorize how a history of freelancing affects workers’ prospects at the hiring stage. I present results from two interrelated studies. First, I use a field experiment that involves submitting nearly 12,000 fictitious resumes to analyze the causal effect of a freelancing work history on the likelihood of getting callbacks. The experiment reveals that freelancing decreases workers’ odds of securing full-time employment by about 30 percent. Second, I use data from 42 in-depth interviews with hiring officers to illustrate two mechanisms that could account for that observed effect. Interview data demonstrate that freelancing sends decidedly unclear competence signals: employers are hesitant to hire freelancers not because these candidates lack skills but because verifying these skills is difficult. Freelancing also sends clearer and negative commitment signals. This study sheds new lights on labor market segmentation theory and deepens our understanding of how nonstandard work operates as a vehicle for inequality in the new economy.


2020 ◽  
Vol 8 (4) ◽  
pp. 35-45 ◽  
Author(s):  
Regula Zimmermann ◽  
Jean-Marie LeGoff

After the first transition to parenthood, most couples adopt a gendered labor division, where mothers become main caregivers and fathers breadwinners of the family. By comparing two distinct language regions within one country, the present article explores how parents’ gendered labor division comes into existence and what role gendered culture and social policy play. The analysis draws on in-depth interviews with 23 German speaking and 73 French speaking participants from Switzerland. The results reveal that French speaking women and men presume an egalitarian labor division as parents. In German speaking regions, however, participants anticipate that mothers will become the main caregivers and fathers the breadwinners. It is shown that the labor market structure, which is in line with the male breadwinner norm, contributes to men’s full-time employment, whereas mothers’ labor market insertion is influenced by the acceptance of non-parental childcare and to a lesser extent by the offer of childcare facilities. Further, mothers experience more time conflicts than fathers, and the less mothers’ paid work is accepted, the more they suffer from feelings of guilt when being employed.


2020 ◽  
Vol 28 (2) ◽  
pp. 145-155
Author(s):  
Muhammad Rizqon Agusta Agusta ◽  
Diny Ghuzini

A previous study has shown that households with both the head and the spouse joining the labor force tend to exit from poverty. In Indonesia, women that actively participated in labor market were relatively small, only around 50% in 2017. Meanwhile, most of the women in Indonesia were married in 2017. A husband was one of the factors affecting their wife’s decision to participate in labor market. This study investigates married women’s employment conditions and the effects of husband’s occupation and education on their labor market participation. The research sample consists of women aged 15-year-old and above, married, and living with their husband. We found that the higher the husband’s education, the lower married women’s probability of participating in the labor market. Husbands with an informal occupation increased married women’s probability to be in the labor force.


Blood ◽  
2020 ◽  
Vol 136 (Supplement 1) ◽  
pp. 40-41
Author(s):  
Tom Burke ◽  
Sohaib Asghar ◽  
Natalia Misciattelli ◽  
Sharmila Kar ◽  
George Morgan ◽  
...  

INTRODUCTION Severe hemophilia, i.e., <1% normal FVIII level (A) or FIX level (B), are congenital bleeding disorders characterized by uncontrolled bleeding. The clinical benefits of prophylactic FVIII/IX replacement therapy are well understood, but require adherence to a schedule of routine infusions. Optimal adherence is associated with better joint outcomes and lower rates of chronic pain. Nonetheless a lack of patient-reported data has to date limited our understanding of the patient burden associated with adherence to treatment, and the relationship between adherence and the ability to work, among people living with hemophilia in the US. Data from the Bridging Hemophilia B Experiences, Results and Opportunities into Solutions (B-HERO-S) study reported a high proportion of adults with hemophilia B receiving routine infusions (at least one infusion per month), showing a negative impact on their ability to work, and people receiving routine infusions were more likely than people treated on-demand to report an inability to work in most situations. The ability of people living with hemophilia to participate in the labor force, without barriers to job choice or working hours, is a key outcome in the drive to achieve health equity. The objective of the analysis is to examine the relationship between adherence and the labor force participation of people with severe hemophilia in the US. METHODS This analysis draws data from a patient-reported study, the 'Cost of Severe Hemophilia Across the US: A Socioeconomic Survey' (CHESS US+). Conducted in 2019, the CHESS US+ study is a cross-sectional patient-centered study of adults with severe hemophilia in the US. A patient-completed questionnaire collected data on clinical, economic, and humanistic outcomes, for a 12-month retrospective period. This analysis examines labor force participation and employment status (full-time, part-time, unemployed, retired) and chronic pain categorized by 'none', low-level ('1-5'), and high-level ('6-10'). The analysis was stratified by adherence to treatment, self-reported on a 1-10 scale, from "not at all" to "fully", categorized into low (1-6), moderate (7-9) and full (10) adherence. Results are presented as mean (standard deviation) or N (%). RESULTS The analysis comprised 356 people with severe hemophilia A (73%) and B (27%) who participated in CHESS US+ study. In Table 1, the baseline characteristics of the study population are stratified by full adherence (N = 119), moderate adherence (N=134) and low adherence (N=103). Having no chronic pain was most prevalent in the full adherence group (37.7%), compared to moderate (8.3%) or low (13.9%) adherence cohorts. Chronic pain, both low- and high-levels were least prevalent among people with full adherence. Moreover, people with low adherence were disproportionately more likely to have high-levels of chronic pain relative to moderate adherence or full adherence (Table 1). Unemployment, however, was highest in full adherence (21.1%), and people with full adherence were also least likely to be in full-time employment (42%). The full-time employment rate decreased as adherence declined from full to moderate (Table 1), and was comparable in people with low adherence (57.3%) or moderate adherence (54.5%). CONCLUSIONS This analysis of CHESS US+ examined the complex relationship between labor market outcomes and adherence to treatment, among adults with severe hemophilia in the US. Adherence was associated with lower rates of chronic pain, representing the importance of achieving an optimal treatment strategy. Nonetheless, patients achieving optimal adherence were less likely to be in full-time employment, and more likely to be part-time or unemployed, comparatively. Together, these data characterize a trade-off in clinical outcomes versus workforce participation, and suggest that the goal of achieving health equity may currently still be unmet. Disclosures Burke: HCD Economics: Current Employment; University of Chester: Current Employment; F. Hoffmann-La Roche Ltd: Consultancy. Asghar:HCD Economics: Current Employment. Misciattelli:Freeline: Current Employment, Current equity holder in publicly-traded company. Kar:Freeline: Current Employment, Current equity holder in publicly-traded company. Morgan:uniQure: Consultancy; HCD Economics: Current Employment. Dhillon:HCD Economics: Current Employment; F. Hoffmann-La Roche Ltd: Other: All authors received editorial support for this abstract, furnished by Scott Battle, funded by F. Hoffmann-La Roche Ltd, Basel, Switzerland. . O'Hara:HCD Economics: Current Employment, Current equity holder in private company; F. Hoffmann-La Roche Ltd: Consultancy.


ILR Review ◽  
1996 ◽  
Vol 49 (4) ◽  
pp. 658-672 ◽  
Author(s):  
Rainer Winkelmann

Using data from the German Socio-Economic Panel for 1984–90, the author analyzes the entrance of young individuals into the German labor market, comparing the experience of apprenticeship graduates to that of graduates from universities, full-time vocational schools, and secondary schools. Apprentices experienced fewer unemployment spells in the transition to their first full-time employment than did non-apprentices. Among apprentices, those trained in large firms had the smoothest transition to employment; once employed, however, apprentices (whether they stayed in their training firm or not) and non-apprentices had similar job stability (as measured by tenure). An estimated 70% of apprenticeship trainees left their training firm within a five-year period. These findings are consistent with the view that apprenticeship training develops general, portable skills rather than firm-specific skills.


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