Type of Content: News
Other Type: Webinar
Resource Title: Unequal Prospects for Working Longer, Before and After the Pandemic: What Can We Do?
Publication Title: Gerontological Society of America
Publish Date: October 7, 2021
Older workers, especially those nearing retirement age, who had not recovered from the impact of previous recessions, have been even more adversely affected during the pandemic by both working conditions and the ensuing recession. Reductions in employment and earnings, increased early Social Security claiming, and reduced retirement savings have all been reported. Older workers exited the workforce in significant numbers, retiring in the first month of the pandemic rather than risk infection. Women, racial minorities, and other ethnic groups have been particularly vulnerable to this upheaval. Concerns about the vulnerability of older workers to infection increased the likelihood of age discrimination for those who remained working.
This webinar considered recommendations for employers and public policymakers to ameliorate the consequences of these recent shocks. Teresa Ghilarducci presented “false assumptions supporting the ‘working longer’ agenda” with a focus on those most affected by the pandemic—women, racial and ethnic minorities. Distinguished discussants provided commentary that included recommendations for mechanisms and processes to ameliorate the consequences of twin shocks—the pandemic and the ensuing recession—and for much-needed new workplace-based research tracking the employer-employee relationship over time. To listen to the webinar, view slides or presenter bios, go here.
Resource URL: https://bit.ly/3iM7CWh