Tag: unemployment rate
Abstract This project uses the Survey of Income and Program Participation to examine the decision to retire after job separation among the increasing number of older individuals who leave a job between 55 and 70, and how this decision varies by labor market conditions and the resources available to the unemployed. Among individuals whose jobless…
The brief’s key findings are: State and local government employment dropped sharply during the Great Recession, unlike in previous recessions, and continues to decline even today. But this decline in public sector employment was less severe than that experienced by the private sector. Being a state/local worker reduced the probability of job loss by 2 percentage points,…
