Navajo man sitting on the bed of his pick-up truck in Monument Valley

Do Older Workers Face Greater Risk of Displacement?

Issue Brief by Alicia H. Munnell, Mauricio Soto, Natalia A. Zhivan, and Steven A. Sass

September 5, 2006

Introduction The employment of older workers into their mid-60s will be critical to ensuring that they enjoy a secure retirement. Continued employment provides current income while working, avoids the actuarial reduction in Social Security benefits, allows 401(k) accumulations to increase, and shortens the period of retirement those assets must support. One of the risks threatening…

Has the Displacement of Older Workers Increased?

Working Paper by Alicia H. Munnell, Steven A. Sass, Mauricio Soto, and Natalia A. Zhivan

September 1, 2006

Abstract The employment of older workers into their mid-60s will be critical to their ability to ensure a secure retirement. One of the risks threatening the ability to work to older ages is being “displaced,” with displacement defined as the elimination of the worker’s job due to a shift in the demand for labor. Displacement…