scholarly journals Financial Factors and Labour Market Transitions of Older Workers in Canada

2012 ◽  
Vol 2012 ◽  
pp. 1-11
Author(s):  
Xuyang Chen ◽  
Maxime Fougère ◽  
Bruno Rainville

This paper looks at the influence of financial factors on the labour market transitions of Canadian older workers. Also, in contrast to previous studies, the analysis focuses on transitions between full-time work, part-time work, and retirement. Sequential annual observations of employment and retirement choices are examined for samples of full-time and part-time workers, drawn from the Survey of Labour and Income Dynamics (SLID), 2001–2006. Measures of potential pension wealth and one-year and peak pension accruals are imputed using data from the Survey of Consumer Finances, 1973–1997, and the SLID, 1997–2006. Regression results indicate that financial factors influence workers to move from full-time to part-time jobs and support the evidence found in previous studies that retirement is usually a process, not a single event. Also, an increase in pension accruals increases the probability of working full-time for lower-income earners only. Among nonfinancial factors, a negative health shock increases the probability of working part-time or retiring for full-time workers but has little effect on the labour market transitions of part-time workers. Finally, these results suggest that policies to encourage phased retirement are unlikely to have a significant labour market effect since bridge employment is already a common transition process among older workers.

Author(s):  
Jouko Nätti ◽  
Kristine Nergaard

In this chapter we discuss the development of part-time work in Finland and Norway and ask if there is a trend towards more marginalised part-time work also in the well-regulated Nordic labour markets. Furthermore, we investigate if there are differences between Norway, with its long tradition for normalised part-time jobs among women, and Finland, where full-time work has been the normal choice for women. Part-time jobs are more common among young persons, women, and in the service sectors. In both countries, part-time jobs are more insecure than full-time jobs. However, there is no strong tendency towards more insecure part-time jobs over time. We also examine mobility from part-time jobs to other positions in the labour market. In both countries, part-time work is characterised by high stability. Hence, the results do not give support for increased polarisation in terms of increased work insecurity among part-time employees. in terms of increased work insecurity among part-time employees.


Author(s):  
Hanne Cecilie Kavli ◽  
Roy A. Nielsen

Migrants are often at a disadvantage in the labour market. Increased migration has therefore led to a strong focus in receiving countries on policy that can facilitate employment. Less attention is paid to working hours, contracts or type of work. The workplace is viewed as an arena where immigrants can improve language skills and establish contacts through which they can achieve upwards mobility in the labour market. We investigate transfers out of part-time work among immigrants and natives in Norway. By means of competing risk event history analyses, we compare transitions from part-time work to either full-time positions or exits from the labour market over five years among Norwegians and different groups of immigrants. Stable part-time is less common among immigrants than among natives, as immigrants have higher transfers to both full-time work and unemployment. Immigrants - men and women - have the same or higher likelihood of transitioning from part-time to full-time compared to natives. This suggest that immigrants are more often involuntarily in part-time and that they benefit from the opportunity to demonstrate their skills to employers. However, immigrants also have higher exit risk and this risk increases with short working hours, indicating a higher level of precariousness.


2020 ◽  
Vol 65 (10) ◽  
pp. 7-23
Author(s):  
Piotr Matuszak

The aim of this study is to assess the relationship between temporary part-time employment and the wages male employees receive in subsequent full-time employment within the first five and the first ten years from the date of starting their full-time employment. The study uses data from the German labour market, obtained from the Socio-Economic Panel for the years 1984–2014. The fixed effects estimator, which solves the unobserved heterogeneity issue by removing time-invariant individual effects by a ‘within’ transformation, was applied in the empirical analysis. The results indicate that having experience as a part-time worker is associated with lower future wages – a one-year increase in the number of years in part-time work in the last two to five years leads to a reduction in future wages in a full-time job by 4.4% on average, compared to having solely a full-time job experience. However, this relationship becomes statistically insignificant after five years of being employed full-time. The results are robust to different specifications and it is indicated that an inverse relationship between working below regular hours and future wages in full-time employment is related to working parttime in low- and medium-skilled occupations. At the same time, working part-time is less detrimental to future wages than periods of unemployment.


2011 ◽  
Vol 53 (3) ◽  
pp. 303-323 ◽  
Author(s):  
Therese Jefferson ◽  
Alison Preston

In this article we present data on earnings and hours in 2010 and, using data over a longer time frame, show how the character of the Australian labour market has significantly changed in recent decades. Among other things, we demonstrate a continued shift towards part-time work and, across full-time and part-time labour markets, a change in the distribution of jobs towards more highly skilled occupations. We continue to argue that traditional indicators of labour-market activity, such as headline unemployment and earnings in full-time employment, are only able to partially explain the health of the labour market. There is an urgent need to better understand other dimensions such as underemployment, part-time employment and part-time earnings.


2011 ◽  
Vol 32 (4) ◽  
pp. 569-589 ◽  
Author(s):  
Jonas Månsson ◽  
Jan Ottosson

This article analyses the effects of individual characteristics on the probability of leaving part-time unemployment. The results show that it cannot be unreservedly asserted that part-time work offers access to the core labour market. Among the part-time unemployed, there are great variations in the degree to which they are likely to leave part-time unemployment. A concentration of labour market policy activities on the part-time unemployed who are least likely to succeed in finding full-time employment can, therefore, be expected to have positive consequences from both equity and efficiency points of view. In this respect, part-time unemployed women, persons with work-related disabilities and persons with temporary employment come to the forefront. The article shows that the likelihood of finding a full-time job is certainly not great for persons belonging to these groups. For many of them, part-time job is not a stepping stone but rather a dead end on the labour market.


2016 ◽  
pp. 124-147
Author(s):  
Piret Tõnurist ◽  
Dimitris Pavlopoulos

This article uses insights from labour-market segmentation theory in order to investigate the wage differences between part-time and full-time workers in Germany at different parts of the wage distribution. This is accomplished with the use of a quintile regression and panel data from the German Socio Economic Panel (1991-2012). To obtain insights on the part-time wage differentials, we apply a counterfactual wage decomposition analysis. The results indicate the presence of a part-time wage penalty for involuntary part-time work at the low and middle parts of the wage distribution. In contrast, a wage premium for voluntary part-time work emerges, especially at the top of the distribution. Moreover, at the lower end of the wage distribution, part-time workers receive lower returns for their labour market characteristics, indicating the segmentation of the labour market. In contrast, the difference in the characteristics of part-timers and full-timers fully explains the part-time wage gap at the top of the wage distribution.


2019 ◽  
Vol 48 (2) ◽  
pp. 134-143 ◽  
Author(s):  
Aleksander Årnes Madsen

Aims: The study aim was to identify prototypical labour-market trajectories following a first incidence of long-term sickness absence (LTSA), and to assess whether baseline socio-demographic characteristics are associated with the return-to-work (RTW) process and labour-market attachment (LMA). Methods: This prospective study used Norwegian administrative registers with quarterly information on labour-market participation to follow all individuals born 1952–1978 who underwent a first LTSA during the first quarter of 2004 ( n =9607) over a 10-year period (2004–2013). Sequence analysis was used to identify prototypical labour-market trajectories and LMA; trajectory membership was examined with multinomial logistic regression. Results: Sequence analysis identified nine labour-market trajectories illustrating the complex RTW process, with multiple states and transitions. Among this sample, 68.2% had a successful return to full-time work, while the remaining trajectories consisted of part-time work, unemployment, recurrence of LTSA, rehabilitation and disability pension (DP). A higher odds ratio (OR) for membership to trajectories of weaker LMA was found for females and older participants, while being married/cohabitating, having children, working in the public sector, and having a higher education, income and occupational class were associated with a lower OR of recurrence, unemployment, rehabilitation and DP trajectories. These results are consistent with three LMA indicators. Conclusions: Sequence analysis revealed prototypical labour-market trajectories and provided a holistic overview of the heterogeneous RTW processes. While the most frequent outcome was successful RTW, several unfavourable labour-market trajectories were identified, with trajectory membership predicted by socio-demographic measures.


Empirica ◽  
2021 ◽  
Author(s):  
Ronald Bachmann ◽  
Rahel Felder

A correction to this paper has been published: https://doi.org/10.1007/s10663-021-09512-x


2020 ◽  
pp. 1-38
Author(s):  
David S. Pedulla ◽  
Michael J. Donnelly

Abstract The social and economic forces that shape attitudes toward the welfare state are of central concern to social scientists. Scholarship in this area has paid limited attention to how working part-time, the employment status of nearly 20% of the U.S. workforce, affects redistribution preferences. In this article, we theoretically develop and empirically test an argument about the ways that part-time work, and its relationship to gender, shape redistribution preferences. We articulate two gender-differentiated pathways—one material and one about threats to social status—through which part-time work and gender may jointly shape individuals’ preferences for redistribution. We test our argument using cross-sectional and panel data from the General Social Survey in the United States. We find that the positive relationship between part-time employment, compared to full-time employment, and redistribution preferences is stronger for men than for women. Indeed, we do not detect a relationship between part-time work and redistribution preferences among women. Our results provide support for a gendered relationship between part-time employment and redistribution preferences and demonstrate that both material and status-based mechanisms shape this association.


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