Why Are Older Workers at Greater Risk of Displacement?
May 12, 2009
The brief’s key findings are:
- Older workers are now as vulnerable to layoffs as younger workers, because: their job tenure has declined, eroding the traditional protection afforded by seniority; and the risk of layoffs in manufacturing has risen, particularly for older workers.
- The heightened vulnerability of older workers is a serious concern, because unemployed older workers have a hard time finding a new job.
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Citation
Munnell, Alicia H., Natalia A. Zhivan, and Steven A. Sass. 2009. "Why Are Older Workers at Greater Risk of Displacement?" Issue in Brief 9-10. Chestnut Hill, MA: Center for Retirement Research at Boston College.
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