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Author: Isabel Baumann Publisher: Springer ISBN: 3319397540 Category : Political Science Languages : en Pages : 210
Book Description
This open access book examines the economic, social, and psychological consequences of manufacturing plant closure at the individual level. Using an original data set of over 1,200 workers from Switzerland who lost their manufacturing jobs after the financial crisis of 2008, the author analyzes the determinants of reemployment, the sector of reemployment, and the change in wages over a two year period. In addition, coverage also explores how plant closure affects the social relationship between a displaced worker and his or her significant other, which includes a discussion of the coping strategies on the household level as well as how changes in a worker's social and occupational life affects overall satisfaction. Readers will discover that the burden of structural change disproportionately falls on the shoulders of workers aged 55 and older who often face substantial barriers when trying to return to employment. A larger portion of this group experience long-term unemployment and those who do manage to find a new job often suffer disproportionate wage loss. This result is intriguing in the context of the current demographic change and contradicts the common assumption that young and low-qualified individuals are at greatest risk of unemployment. Advanced age—and not low education—appears to be the primary obstacle to workers finding job satisfaction after being laid off because of market conditions.
Author: Isabel Baumann Publisher: Springer ISBN: 3319397540 Category : Political Science Languages : en Pages : 210
Book Description
This open access book examines the economic, social, and psychological consequences of manufacturing plant closure at the individual level. Using an original data set of over 1,200 workers from Switzerland who lost their manufacturing jobs after the financial crisis of 2008, the author analyzes the determinants of reemployment, the sector of reemployment, and the change in wages over a two year period. In addition, coverage also explores how plant closure affects the social relationship between a displaced worker and his or her significant other, which includes a discussion of the coping strategies on the household level as well as how changes in a worker's social and occupational life affects overall satisfaction. Readers will discover that the burden of structural change disproportionately falls on the shoulders of workers aged 55 and older who often face substantial barriers when trying to return to employment. A larger portion of this group experience long-term unemployment and those who do manage to find a new job often suffer disproportionate wage loss. This result is intriguing in the context of the current demographic change and contradicts the common assumption that young and low-qualified individuals are at greatest risk of unemployment. Advanced age—and not low education—appears to be the primary obstacle to workers finding job satisfaction after being laid off because of market conditions.
Author: Courtney C. Coile Publisher: Rowman & Littlefield ISBN: 081570500X Category : Business & Economics Languages : en Pages : 188
Book Description
The economic downturn that began in 2008, the most severe in decades, has hit older Americans hard. Many have seen huge losses to their 401(k)s. In numerous cases the value of homes—the largest investment most older Americans have ever made—has diminished considerably. In addition, large numbers of American workers, including those 50 and older, have lost their jobs and may have difficulty replacing them. Suddenly the future seems a whole lot less certain, throwing years of planning into doubt. In Reconsidering Retirement, economists Courtney Coile and Phillip Levine go beyond the headlines to explain how the economic crisis will affect the future plans and well-being of older Americans. Amid well-publicized reports that older workers needed to stay on the job because of the crisis, the number of U.S. workers claiming Social Security retirement benefits actually rose substantially from 2008 to 2009. The authors maintain that job loss has been the culprit, leading to premature retirement, and while this trend may have been less noticed, it is perhaps the more significant outcome of the crisis. Coile and Levine examine the three major characteristics of the recession thought to influence retirement behavior: decline in the stock market, reduced housing values, and a weak labor market. The authors find that lower home prices did not actually affect retirement behavior but that the decline in the stock market did lead some workers to delay retirement, while a weakened labor market actually forced more older workers with fewer skills into retirement. As a result, these early retirees, who rely on Social Security, face a lifetime of lower benefits. The legacy of recessions is that those most in need usually are last to reap the benefits of an economic recovery. While the lion's share of media coverage after the economic downturn of 2008–09 has gone to the plight of older workers who remain employed, Courtney Coile and Phillip Levine exami
Author: Phillip Taylor Publisher: Edward Elgar Publishing ISBN: 1782540105 Category : Social Science Languages : en Pages : 288
Book Description
Prolonging working lives is high on the agenda of policy makers in most of the world�s major industrialized nations. This book explains how they are keen to tackle issues associated with the ageing of populations, namely the funding of pension systems
Author: Joseph Coleman Publisher: Oxford University Press ISBN: 0199974519 Category : Business & Economics Languages : en Pages : 257
Book Description
The era of the aging worker is here. The forces driving the first decades of the 21st century -- globalization, technology, societal aging, and jarring economic instability -- have made later retirement a necessity for many, but those who choose to stay in the workforce are frustrated by a job market that fails to take advantage of their talents. As government's ability to finance retirement and health care declines, making space for older workers in the labor force has emerged as a chief challenge for the coming century. Veteran international correspondent Joseph Coleman spent three years traveling to various places in Japan, France, Sweden, and across the United States to profile this aging global workforce. From the rice paddies of Japan to the heart of the American rust-belt, Coleman takes readers inside the lives of older workers. Clear-eyed portraits of individuals illuminate the aging of the world labor force and introduce readers to the factories, offices, and fields where older workers toil and the societies in which they live. Unfinished Work explores a world in the midst of a revolution that will have far-reaching consequences for present and coming generations. Coleman maps out the problems we confront, shows us avenues forward, and illustrates the dangers of inaction. The engaging narrative reveals how accommodating our aging workforce can usher in humane policies that benefit workers across the spectrum of age. Improving conditions for older workers is critical for ensuring success and prosperity for society as a whole for years to come.
Author: Publisher: DIANE Publishing ISBN: 0788189727 Category : Older people Languages : en Pages : 79
Book Description
What role should older workers play in our future work force, when the retirement of the baby boomers, starting about 2010, will make tight labor markets commonplace. This unprecedented demographic shift calls for a fundamental rethinking about the work force of the future. Employer attitudes and policies must change if older workers are to remain in the work force longer. This report recommends a "pro-work" agenda for employers, policymakers, and olders in 6 areas: getting the financial incentives right; replacing stereotypes about older workers; the training imperative; rethinking the org. of work; getting older workers into new jobs: and a strong and flexible safety net.
Author: Patricia Brownell Publisher: Springer Science & Business Media ISBN: 940075521X Category : Family & Relationships Languages : en Pages : 207
Book Description
This book promotes an understanding of ageism, discrimination and mistreatment of older adult workers, incorporating an international human rights perspective. The impact of ageism on the mistreatment of older adult workers has not to date been examined in depth through the lens of international human rights instruments, nor has discrimination against older adults in the workplace been framed as a form of elder abuse for research and policy making purposes. This book presents a multi-disciplinary exploration of these themes as they affect work and retirement of older adults. It reflects the view that older people who choose to work into old age should be able to do so in enabling work environments that promote dignity and are free of abuse. The contributing authors come from many disciplines, including law, psychology, social work, business, and international affairs. Many are members of the International Network for the Prevention of Elder Abuse (INPEA), a non-governmental organization with consultative status at the United Nations, and have devoted their professional careers to increase awareness and understanding of elder abuse in order to prevent it. The editors hope that broadening the framework within which elder abuse in the workplace is understood will stimulate further research, policy and program development to address this troubling social problem.
Author: Judith G Gonyea Publisher: Routledge ISBN: 131799356X Category : Business & Economics Languages : en Pages : 206
Book Description
As the country’s workforce ages, the changing labor market must address unique challenges as well as surprising opportunities. This book presents leading scholars and researchers providing valuable insights into the challenges facing older workers in the contemporary workplace as well as offering perspectives on the demands presently being placed on employers to adapt to and accommodate the needs of these workers. The book focuses on the analysis of current trends in older workers, work, family, and personal life issues, and ways to transform today’s workplace to value older workers. This book offers practitioners the opportunity to fully grasp the current situation for older workers by presenting the latest research. This helpful resource provides professionals with best practices and innovative approaches to support aging employees. The volume is extensively referenced and contains several tables to clearly present data. It is a valuable text for employers, human resources professionals, employee assistance programs, work/family professionals, gerontologists and aging studies professionals, educators, and students. This book was published as a special issue of the Journal of Workplace Behavioral Health.
Author: Isabel Baumann
Author: Isabel Baumann
Author: Linda H. LeGrande
Author: Courtney C. Coile
Author: Harold L. Sheppard
Author: Phillip Taylor
Author: Sara E. Rix
Author: Joseph Coleman
Author: 
Author: Patricia Brownell
Author: Judith G Gonyea