Older Workers Navigating Employment and Retirement

by Benjamin V. Chase

Overview

Although the economic recession that began in December 2007 has officially ended, unemployment rates still remain close to 10%. Especially hard hit have been older workers, aged 55 and older, for whom unemployment rates have reached historical highs. A combination of an increase in the number of older individuals re-entering the workforce and a limited number of job openings is responsible for their historically high unemployment rate. There is a significant number of job applicants for many positions, providing potential employers with a much broader pool of applicants. In deciding whom to choose, many employers may view older workers as more costly in terms of both compensation and health care costs relative to younger workers. This book examines the historical trends in unemployment and labor force participation among older workers, the reasons for becoming unemployed, and the duration of their unemployment.

Product Details

ISBN-13:	9781614702535
Publisher:	Nova Science Publishers, Incorporated
Publication date:	10/01/2011
Series:	Aging Issues, Health and Financial Alternatives Series
Pages:	116
Product dimensions:	6.10(w) x 9.20(h) x 0.50(d)

Table of Contents

Preface vii

Chapter 1 Older Unemployed Workers Following the Recent Economic Recession Janemarie Mulvey 1

Chapter 2 Older Displaced Workers in the Context of an Aging and Slowly Growing Population Linda Levine 19

Chapter 3 The Role of Re-Entry in the Retirement Process U.S. Bureau of Labor Statistics 35

Chapter 4 Self-Employment Transitions among Older American Workers with Career Jobs U.S. Bureau of Labor Statistics 51

Chapter 5 The Age Discrimination in Employment Act (ADEA): A Legal Overview Jody Feder 83

Index 103