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Job Changes at Older Ages: Effects on Wages, Benefits, and Other Job Attributes

by Richard W. Johnson and Janette Kawachi

WP#2007-4  

Abstract 

One potential way to manage the rapidly growing costs of supporting older Americans is to increase labor supply at older ages. However, questions persist about the quality of available jobs. This study examines older Americans’ employment opportunities by studying job changes at older ages. Using data from the Health and Retirement Study, it compares wages, benefits, and other job attributes on new and former jobs for adults ages 45 to 75 who changed employers between 1986 and 2004. Because older people who choose to work after retiring voluntarily from long-term jobs may face different employment prospects than displaced older workers, the analysis considers how employment changes vary by the reasons workers give for job separations...

For executive summary in PDF

For full paper in PDF

Richard W. Johnson is a senior research associate at the Urban Institute. Janette Kawachi is a research associate at the Urban Institute. The research reported herein was performed pursuant to a grant from the U.S. Social Security Administration (SSA) funded as part of the Retirement Research Consortium. The findings and conclusions are solely those of the authors and do not represent the views of SSA, any agency of the Federal Government, the Urban Institute, or Boston College. The authors are grateful to Desmond Toohey for excellent research assistance.

 

Tags: Work and Retirement, Working Papers,
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