Tag: employment rate of older workers
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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…
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The brief’s key findings are: Despite the current recession, the employment rate of older men has not fallen. This surprising fact is the net result of two long-term developments. On the one hand, the labor force participation of older workers has risen steadily due to changes in Social Security, job demands, and health care access…