Do older workers face greater risk of displacement?

Munnell, Alicia Haydock, Steven A. Sass, Mauricio Soto, and Natalia A. Zhivan. “Do older workers face greater risk of displacement?”. Issue in Brief 53, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2006. http://hdl.handle.net/2345/bc-ir:104450.
PREVIEW Datastream
PDF

Abstract

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 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 can easily throw 50-year-old workers off course, disrupt their retirement saving plans, and possibly lead to premature retirement...

Title
Do older workers face greater risk of displacement?
Author
Munnell, Alicia Haydock
Sass, Steven A.
Soto, Mauricio
Zhivan, Natalia A.
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
September 2006
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
53
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104450
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Older workers

My Bookmarks

Bookmarks: