Title

The False Promises of Working Longer

Authors

Teresa Ghilarducci, The New SchoolFollow
Beth C. Truesdale, W.E. Upjohn Institute for Employment ResearchFollow

Upjohn Author ORCID Identifier

https://orcid.org/0000-0002-3205-2847

Publication Date

10-4-2023

Source

The Journal of Retirement 11(1): 22-30

Abstract

Advocates for working longer as the sole response to population aging in America ignore the rising inequalities in health, wealth, and longevity; the often-detrimental health effects of working longer; the high risk of job loss and involuntary retirement at older ages; and the low wages and poor working conditions of many of the jobs available to older workers. Eliminating employment protections for older workers—such as minimum wage requirements and age discrimination prohibitions—would likely make working into old age more onerous and inequality worse.

DOI

10.3905/jor.2023.1.136

Publisher

Portfolio Management Research With Intelligence Ltd

Subject Areas

LABOR MARKET ISSUES; Retirement and pensions; Job security and unemployment dynamics; Wages, health insurance and other benefits; Inequality; Minimum wage