How Job Options Narrow for Older Workers by Socioeconomic Status

IB#16-13

The brief’s key findings are:

  • Job-changers over age 50 increasingly end up in “old-person” jobs, with a high share of older hires relative to prime-age hires. 
  • These basic findings hold by gender and by education. 
  • However, the overall outlook has improved since the late 1990s for all groups, particularly for older women with more education.
  • Also, older job-changers hired into “old-person” jobs are paid no less than other jobs.