Projections call for the percentage of Americans aged 65 and older to increase from 19% of the working-age population in 2017 to 29% by 2060. This demographic bulge will put enormous strain on Social Security by raising the proportion of nonworkers in the population. An astute analysis from economists David Neumark, Ian Burn and Patrick Button reveals that, despite government efforts to keep older people in the labor pool, discriminatory hiring practices may force them to retire. getAbstract recommends this important and accessible study to economists, employers and social scientists interested in the effects of age bias on older populations.
In this summary, you will learn
- Why reforms aimed at encouraging employment among those aged 65 and older may be backfiring,
- How age discrimination makes it difficult for older people to get jobs, and
- What research reveals about ageism in America.
About the Authors
David Neumark is an economics professor at the University of California, Irvine, where Ian Burn is a doctoral student in economics. Patrick Button is a Tulane University assistant professor of economics.
Get the key points from this report in 10 minutes.
For your company
We help you build a culture of continuous learning.
Comment on this summary
Customers who read this summary also read
World Economic Forum
World Economic Forum, 2017
Nicole Maestas et al.
Benedict Clements et al.
Finance & Development , 2016
Mikael Juselius and Elöd Takáts
Finance & Development Magazine, 2016