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Centre for Policy on Ageing | |
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Late life job displacement | Author(s) | Kenneth A Couch |
Journal title | The Gerontologist, vol 38, no 1, February 1998 |
Pages | pp 7-17 |
Keywords | Employment of older people ; Young elderly ; Redundancy ; Economic status [elderly] ; United States of America. |
Annotation | This study used data from the 1992 wave of the Health and Retirement Study, United States (US) to examine the incidence of job displacement (redundancies) among workers aged between 51 and 60. Findings revealed that the average displaced worker experiences a loss in earnings of 39%. Households which contain a displaced worker have incomes 24% lower than the household of an average worker. Little of these lost earnings are replaced through pension income. The rate of health insurance coverage is 16% lower among displaced workers. As with other labour market outcomes, people from minority ethnic groups are the most economically vulnerable following displacement. |
Accession Number | CPA-980428401 A |
Classmark | GC: BBA: WI: F:W: 7T |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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