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.

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 The impact of migration processes on the labor market in the Republic of Moldova

2021 ◽  
pp. 125-139
Author(s):  
Valentina Cotelnic ◽  
Keyword(s):  
Labor Market ◽  
Labor Migration ◽  
Socioeconomic Development ◽  
Development Programs ◽  
Demographic Aging ◽  
The Social ◽  
Economic Transformations ◽  
Working Age ◽  
The Republic ◽  
The Impact

Economic transformations in recent years have produced changes in the social structure, as well as profound demographic changes, which have contributed to demographic aging and declining working age populations. Changes in the structure of the population, accompanied by migration have led to a reduction in the number of people employed, as well as to changes in the structure of employment. The study reveals that the socio-economic situation in the country, the imperfect evolution of the labor market, the diffifculty of securing a decent paying job, have put a signififi cant part of the population on the path of labor migration, which for many has become a necessity rather than a choice. At the same time, the remittances transferred in favor of individuals have become the only source of income for many households. All the above issues are current and, therefore, represent the topic of this research. The research was performed using comparative analysis methods, aided by graphs. Based on the results of this research, certain conclusions and recommendations were developed in order to promote a system of measures aimed at reducing labor migration, by applying sustainable socioeconomic development programs, which would contribute to the creation of new jobs.

Przemiany w strukturze aktywności ekonomicznej osób w wieku 50+ w Polsce

2014 ◽  
pp. 31-44 ◽  
Author(s):  
Ewa Wasilewska
Keyword(s):  
Labor Market ◽  
Older People ◽  
Economic Activity ◽  
Age Groups ◽  
Age Group ◽  
Structure Transformation ◽  
Traditional Methods ◽  
Working Age

The paper presents an analysis of changes in the structure of economic activity of the population in the older working age (50–64 years) in Poland, divided into three age groups. The study period covered the years 1993 to 2013. In addition to classical measures of structure, the synthetic measures of the intensity in structure transformation were used. They were described with the use of base value or year-over-year comparisons, an important complement to the traditional methods in this field. The study revealed little change in the structure of economic activity covered by the study in a dynamic, whereby the lowest stability was observed in the age group 55–59 years. In addition, during the period 2006–2013 an increase in the involvement of mature and older people in the labor market was observed.

Professional activity of the elderly on the labour market in the shadow of the coronavirus pandemic .

2021 ◽  
Vol 35 (6) ◽  
pp. 21-33
Author(s):  
Adam A. Zych
Keyword(s):  
Labor Market ◽  
Human Resources ◽  
Older People ◽  
Labour Market ◽  
The Elderly ◽  
Economic Problem ◽  
Professional Activity ◽  
Retirement Benefits ◽  
Demographic Aging ◽  
The Impact

Demographic aging has an impact on the labor market, because human resources on the labor market are also aging, which in the process of professional deactivation are becoming a major socio-economic problem of the state. They lead to a widening difference between revenues and expenses for retirement benefits as well as narrowing the labor market. The author discusses basic determinants of professional deactivation on the labor market and barriers to professional activation of older people. The main topic of this article however it was done the impact of a coronavirus pandemic on situation of ‘outgoing generation’ on the contemporary labor market.

scholarly journals Przyczyny wykluczenia osób starszych z rynku pracy w Polsce

Ekonomia ◽  
2018 ◽  
Vol 23 (4) ◽  
pp. 111-124
Author(s):  
Anna Niewiadomska
Keyword(s):  
Labor Market ◽  
Older People ◽  
Age Groups ◽  
Data Bank ◽  
The Elderly ◽  
Occupational Activity ◽  
Positive Trend ◽  
Local Data ◽  
Working Age

The reasons for exclusion of the elderly from the labor market in PolandIn the last decade there has been a positive trend in the increase in occupational activity of the people from the older groups of the working population, but at the same time there emerges the worrying phenomenon of long-term unemployment in this group. The considerations contained in this study refer to older people, represented by those who belong to the older working age groups. Such a choice was dictated by their increasing share in the workforce and in the long-term unemployed group. The purpose of this article is to answer the question concerning the reasons and mechanism of exclusion of the elderly from the labor market. The point of departure of the discussion is an attempt to approximate the notion of exclusion from the labor market, then the analysis of long-term unemployment among unemployed people over 50 years of age. The main part of the article covers the analysis of factors that can be considered as determining the occupational exclusion of older people. The analysis used the results of research conducted among the unemployed over 50 in Poland as well as data of the Central Statistical Office and the Local Data Bank.

scholarly journals Old age individuals on the Russian labor market: challenges and opportunities

2019 ◽  
Vol 2 (1) ◽  
pp. 60-70
Author(s):  
Galina P. Gagarinskaia ◽  
Irina G. Kuznetcova ◽  
Aleksandr V. Gagarinskii
Keyword(s):  
Labor Market ◽  
Older Workers ◽  
Research Process ◽  
Theory And Practice ◽  
Theoretical Concepts ◽  
Scientific Methods ◽  
Expert Estimation ◽  
Labor Legislation ◽  
Challenges And Opportunities ◽  
Working Age

Abstract The relevance of the research topic is due to the following circumstances: firstly, repeating the European trend, the labor supply in the Russian labor market is characterized by increase in the cohort of people aged 60 years and older, which negatively affects the indicators of economic growth and, in the context of the transformation of labor legislation, strengthens the scientific interest in the problem of aging employees and prolonging their working capacity; secondly, in modern foreign and Russian studies there is no uniform idea of the signs of classifying workers as older working age, which makes it difficult to conduct a comparative analysis and disseminate effective international experience to solve the employment problem, taking into account demographic realities; thirdly, in the theory and practice of labor economics there is no well-formed idea of a system of factors that influence the success of older working age workers, which affects the quality of the development of promising areas and methods of their use; fourthly, when the risk factor in the work with personnel is indicated in the profile economic literature, its assessment regarding employees of older able-bodied growth has not been developed; fifthly, in modern studies there is no effective mechanism to increase the success of older working age workers, taking into account the specifics of achieving the effectiveness of their work, taking into account competence, involvement and possible risks. The purpose of the study is to develop theoretical concepts and methodological provisions on the professional success of older workers and the mechanism for its increase in the Russian labour market, taking into account risk factors. The subject of the study is the social and labor relations evolving over the implementation of a mechanism to increase the success of older working age workers. In the research process, general scientific methods of cognition were used, as well as methods of economic-statistical, systemic correlation analysis, expert estimation, the results of opinion polls, tabular and graphical interpretation of empirical and factual information.

scholarly journals Can welfare-rights advice targeted at older people reduce social exclusion?

2008 ◽  
Vol 28 (6) ◽  
pp. 875-899 ◽  
Author(s):  
SUZANNE MOFFATT ◽  
GRAHAM SCAMBLER
Keyword(s):  
Older People ◽  
Social Exclusion ◽  
Social Relations ◽  
Care Service ◽  
Health Care Service ◽  
Age Groups ◽  
Median Income ◽  
Welfare Rights ◽  
Welfare Benefits ◽  
The Impact

ABSTRACTIt is known that, in general, people of pensionable age have gained in income compared to other age groups in the British population over the last two decades, but that a substantial minority still experience relative poverty. This paper reports a small qualitative study into the effectiveness of a welfare-rights advice and acquisition service for men and women aged 60 or more years that was provided through a local primary health-care service. Additional financial and non-financial resources were obtained by accessing previously unclaimed state-welfare benefits. It was found that these significantly improved the participants' quality of life. Fourteen of the 25 participants received some type of financial award as a result of the service offered, with the median income gain being £57 (€84 or US $101) per week. The impact of additional resources was considerable and included: increased affordability of necessities and occasional expenses; increased capacity to cope with emergencies; and reduced stress related to financial worries. Knowledge of and access to welfare-rights services also appeared to have a positive effect. It is argued that a level of material resources above a basic level is necessary for social relations and for accessing services and civic activities, and can reduce social exclusion among older people.

scholarly journals The Impact of Population Aging and Public Health Support on EU Labor Markets

2020 ◽  
Vol 17 (4) ◽  
pp. 1439 ◽  
Author(s):  
Mirela Cristea ◽  
Gratiela Georgiana Noja ◽  
Petru Stefea ◽  
Adrian Lucian Sala
Keyword(s):  
Public Health ◽  
Labor Market ◽  
Older People ◽  
Labor Markets ◽  
Health Expenditure ◽  
Population Aging ◽  
Public Health Expenditure ◽  
Eu Countries ◽  
Life Years ◽  
The Impact

Population aging and public health expenditure mainly dedicated to older dependent persons present major challenges for the European Union (EU) Member States, with profound implications for their economies and labor markets. Sustainable economic development relies on a well-balanced workforce of young and older people. As this balance shifts in favor of older people, productivity tends to suffer, on the one hand, and the older group demands more from health services, on the other hand. These requisites tend to manifest differently within developed and developing EU countries. This research aimed to assess population aging impacts on labor market coordinates (employment rate, labor productivity), in the framework of several health dimensions (namely, health government expenditure, hospital services, healthy life years, perceived health) and other economic and social factors. The analytical approach consisted of applying structural equation models, Gaussian graphical models, and macroeconometric models (robust regression and panel corrected standard errors) to EU panel data for the years 1995–2017. The results show significant dissimilarities between developed and developing EU countries, suggesting the need for specific policies and strategies for the labor market integration of older people, jointly with public health expenditure, with implications for EU labor market performance.

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 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.

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