U.S. older workers: Their employment and occupational problems in the labor market

1996 ◽  
Vol 24 (3) ◽  
pp. 235-238 ◽  
Author(s):  
Philip Sijuwade
Keyword(s):  
Labor Market ◽  
Older Workers

EMPLOYMENT OF OLDER PEOPLE IN THE MODERN LABOR MARKET

2021 ◽  
pp. 409-418
Author(s):  
В.Ю. Бабышев ◽  
Г. А. Барышева
Keyword(s):  
Labor Market ◽  
Older People ◽  
Older Workers ◽  
Age Groups ◽  
Labor Legislation ◽  
Demographic Aging ◽  
Age Cohort ◽  
Working Age ◽  
Medical Advances ◽  
The Impact

В статье рассматривается занятость лиц пожилого возраста в условиях сорвеменных технологических, медицинских и демографических изменений. Актуальность темы исследования обусловлена демографическим старением населения, современными достижениями медицины и изменением характера трудовых операций в результате научно-технического прогресса. В данной статье проверены следующие конкурирующие гипотезы: производительность работников старших возрастных групп находится ниже уровня рентабельности из-за неуклонного ухудшения здоровья или, наоборот, ценность работников старших возрастных групп на современном рынке труда возрастает из-за повышения роли опыта, навыков и квалификации. Дополнительно проанализирован вопрос влияния систем пенсионного обеспечения на мотивацию лиц пожилого возраста к продолжению трудовой деятельности. Для проверки данных гипотез на основе статистики Организации экономического сотрудничества и развития проведен анализ общего уровня занятости, участия в рабочей силе и безработицы, а также временной и неполной занятости по нескольким возрастным группам в диапазоне 15-65 лет и старше. Для оценки динамики проанализирована ситуация на 2000 и 2019 гг. В целом сделан вывод, что количественные и качественные параметры занятости у работников старших возрастных групп уступают среднему рабочему возрасту, однако во временной динамике использование человеческого капитала лиц пожилого возраста растет. В области геронтологии рекомендовано уделять повышенное внимание улучшению здоровья возрастной когорты 65 лет и старше и изменению трудового законодательства в плане стимулирования продолжения трудовой деятельности после официального наступления пенсионного возраста. The article examines the employment of older people in the context of disrupted technological, medical and demographic changes. The relevance of the research topic is due to the demographic aging of the population, modern medical advances and changes in the nature of labor operations as a result of scientific and technological progress. In this article, the following competing hypotheses are tested: the productivity of older workers is below the level of profitability due to a steady decline in health, or vice versa, the value of older workers in the modern labor market is increasing due to the increasing role of experience, skills and qualifications. Additionally, the question of the impact of pension systems on the motivation of older people to continue working is analyzed. To test these hypotheses, based on OECD statistics, we analyzed the overall level of employment, labor force participation and unemployment, as well as temporary and underemployment for several age groups in the range of 15-65+ years. To assess the dynamics, the situation for 2000 and 2019 was analyzed. In general, the author concludes that the quantitative and qualitative parameters of employment of older people are inferior to the average working age, but over time, the use of the human capital of older people is growing. In the field of gerontology, it is recommended to pay increased attention to improving the health of the 65+ age cohort and changing labor legislation in order to stimulate the continuation of work.

Who Gets Their First Job at a Large Firm? The Distinct Roles of Education and Skills

2021 ◽  
Vol 111 ◽  
pp. 465-469
Author(s):  
Jaime Arellano-Bover
Keyword(s):  
Labor Market ◽  
Older Workers ◽  
Cognitive Skills ◽  
Large Firm ◽  
Early Years ◽  
Young Workers ◽  
Large Firms ◽  
Formative Time ◽  
East And Southeast Asia ◽  
First Job

Young workers' early years in the labor market are a key and formative time. Using data from 31 countries, this article documents the selection of labor market entrants into large firms, which existing literature associates with propitious environments for young workers. The young and inexperienced are underrepresented at large firms compared to experienced and older workers. Entrants who do get their first job at large firms are positively selected in terms of education and cognitive skills. The patterns of large-firm selection (i.e., importance of education vs. skills) somewhat differ between Europe, East and Southeast Asia, and North America.

scholarly journals Impacts of Labor Market Institutions and Demographic Factors on Labor Markets in Latin America

2019 ◽  
Vol 19 (155) ◽  
Author(s):  
Adriana Kugler
Keyword(s):  
Labor Market ◽  
Latin American ◽  
Older Workers ◽  
Market Performance ◽  
Demographic Factors ◽  
Employment Protection ◽  
Labor Market Institutions ◽  
Market Institutions ◽  
Payroll Taxes ◽  
The Impact

This paper documents recent labor market performance in the Latin American region. The paper shows that unemployment, informality, and inequality have been falling over the past two decades, though still remain high. By contrast, productivity has remained stubbornly low. The paper, then, turns to the potential impacts of various labor market institutions, including employment protection legislation (EPL), minimum wages (MW), payroll taxes, unemployment insurance (UI) and collective bargaining, as well as the impacts of demographic changes on labor market performance. The paper relies on evidence from carefully conducted studies based on micro-data for countries in the region and for other countries with similar income levels to draw conclusions on the impact of labor market institutions and demographic factors on unemployment, informality, inequality and productivity. The decreases in unemployment and informality can be partly explained by the reduced strictness of EPL and payroll taxes, but also by the increased shares of more educated and older workers. By contrast, the fall in inequality starting in 2002 can be explained by a combination of binding MW throughout most of the region and, to a lesser extent, by the introduction of UI systems in some countries and the role of unions in countries with moderate unionization rates. Falling inequality can also be explained by the fall in the returns to skill associated with increased share of more educated and older workers.

scholarly journals Parents with an Unemployed Adult Child: Consumption, Income, and Savings Effects

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Kathryn Anne Edwards ◽  
Jeffrey B. Wenger
Keyword(s):  
Labor Market ◽  
Older Workers ◽  
Financial Support ◽  
Risk Sharing ◽  
Panel Study ◽  
Adult Child ◽  
Retirement Savings ◽  
Parent Outcomes ◽  
Labor Market Shocks ◽  
Market Shocks

AbstractThe risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research has shown that parents support their children financially through an unemployment spell. In this paper, we also provide evidence of financial support from parents and investigate if this financial support is accompanied by adjustments to parental consumption, income, or savings behavior. With longitudinal data on mothers and children from the Panel Study of Income Dynamics, we use within-mother variation in behavior to identify the effect of a child’s labor market shock on parent outcomes. We find evidence of a decline in consumption, an increase in labor supply, and a decrease retirement savings, though the results are heterogenous among mothers. Our results point to aggregate inefficiencies and inequities that may result from family risk sharing.

scholarly journals Employment at 55+: Do We Want to work Longer in Lithuania?

Ekonomika ◽  
2020 ◽  
Vol 99 (1) ◽  
pp. 50-68
Author(s):  
Kristina Zitikytė
Keyword(s):  
Labor Market ◽  
Older People ◽  
Older Workers ◽  
Social Insurance ◽  
People With Disabilities ◽  
The Elderly ◽  
Employment Rate ◽  
Term Care ◽  
Demographic Aging

 The Lithuanian population is aging, and it causes many difficulties for public finances by increasing expenditures on health care, long-term care, and pensions, and also for the labor market by creating labor shortages. One of the ways to cope with demographic aging is to rise the employment rate of older people. According to Eurostat, the employment rate of the elderly aged 55–64 years increased from 49.6 percent in 2005 to 68.5 percent in 2018 in Lithuania and it is higher than the average employment rate of older workers in European Union, which was 58.7 percent in 2018. This paper focuses on older people in Lithuania, aged 55 and over, trying to answer a question whether the elderly in Lithuania willingly work or try to find alternatives such as receiving long-term social insurance benefits. The research findings show that the activity of older people in the labor market grows, and even the share of people with disabilities staying in the labor market increases. However, this analysis also shows that older people are more under risk to lose their job during an economic crisis, and this suggests that trying to find work alternatives can be closely related to one’s economic situation. Moreover, health problems remain one of the main factors limiting the activity of older people in the labor market. It is also noticeable that some labor force reserves exist among people with disabilities and this supposes that creating better adapted working conditions for older and disabled workers in Lithuania could probably contribute to meeting the needs of an aging workforce.

scholarly journals Hello pension, goodbye tension? The impact of work and institutions on older workers’ labor market participation in Europe

2014 ◽  
Vol 8 (2) ◽  
pp. 33-67 ◽  
Author(s):  
Maria Fleischmann ◽  
Ferry Koster ◽  
Pearl Dykstra ◽  
Joop Schippers
Keyword(s):  
Labor Market ◽  
Older Workers ◽  
European Social Survey ◽  
Individual Characteristics ◽  
Institutional Characteristics ◽  
Labor Market Participation ◽  
Market Participation ◽  
Social Survey ◽  
The Impact ◽  
The Welfare State

To sustain the welfare state, several EU countries agreed to take measures aimed at increasing the labor market participation of older workers (European Commission 2001). In this study, we developed a framework integrating individual, work, and institutional characteristics in order to explain the labor market participation of older workers. While prior studies focused mainly on individual characteristics, the present analysis investigated the impact of work and institutions more closely using the European Social Survey. Multilevel analyses across 21 countries showed that work characteristics increased the benefits from work, hence increasing the likelihood of participation among older workers, and that the generosity of institutions discouraged older workers to remain in the labor market.

Transition from the Labor Market: Older Workers and Retirement

2010 ◽  
Vol 40 (4) ◽  
pp. 609-627 ◽  
Author(s):  
Chris L. Peterson ◽  
Greg Murphy
Keyword(s):  
Labor Market ◽  
Older Workers

Age, Work, and Disability: Rehabilitation at the End of the Worklife

2007 ◽  
Vol 38 (1) ◽  
pp. 20-31 ◽  
Author(s):  
Mary Barros-Bailey ◽  
Jerome Fischer ◽  
Jodi L. Saunders
Keyword(s):  
Labor Market ◽  
Vocational Rehabilitation ◽  
Older Workers ◽  
Rehabilitation Counseling ◽  
The United States ◽  
Rehabilitation Counselors ◽  
Older Americans ◽  
Vocational Rehabilitation Services ◽  
Delivery Options ◽  
United States Labor Market

Older workers engaging in vocational rehabilitation services have received little attention in the vocational rehabilitation literature. However, older workers are the fastest growing sector of the United States labor market and they are predicted to become a greater proportion of vocational rehabilitation caseloads as they remain in the worliforce longer, or increasingly enter or re-enter the labor market. Research indicates that as people age, the probability of acquiring a disability increases dramatically. Regardless of when or how someone acquired a disability, understanding the elements particular to the rehabilitation counseling of older workers with disabilities is important. This paper explores the various demographics, issues, trends, and elements rehabilitation counselors could consider in working with older Americans with disabilities. Rehabilitation counselors need to become aware of these issues with older workers and retool in order to service this sector of the population more efficiently. Implications for the rehabilitation counseling practitioner and service delivery options are also presented.

scholarly journals The Labor Market and Illegal Immigration: The Outlook for the 1980S

ILR Review ◽  
1980 ◽  
Vol 33 (3) ◽  
pp. 342-354 ◽  
Author(s):  
Michael L. Wachter
Keyword(s):  
Labor Market ◽  
Older Workers ◽  
Minority Group ◽  
Work Force ◽  
Low Fertility ◽  
Illegal Alien ◽  
Fertility Rates ◽  
Unemployment Rates ◽  
Unskilled Workers ◽  
Group Members

This paper first develops a labor supply forecast for the U.S. labor market in the 1980s, focusing on the effects of the low fertility rates of recent years, and then compares that forecast with the BLS projection of employment demand in the next decade. The author attempts to isolate those occupations and age-sex groups that are likely to have a shortfall of workers and to match the characteristics of those shortage categories with the demographic characteristics of the illegal alien work force. He predicts a relative shortage of unskilled workers in the 1980s, a major departure from past trends, and suggests that an increased flow of immigrants to meet that shortage would benefit skilled older workers and, to a lesser extent, the owners of capital. He also argues, however, that increased immigration would harm domestic unskilled workers—who are increasingly minority group members—by lowering their relative income and raising their equilibrium unemployment rates.

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