New Policies for an Older Unemployed Population

38 Pages Posted: 23 Oct 2013

See all articles by Joelle Saad-Lessler

Joelle Saad-Lessler

The New School for Social Research

Teresa Ghilarducci

Schwartz Center for Economic Policy Analysis (SCEPA); The New School for Social Research

Date Written: June 26, 2013

Abstract

This study updates what we know about the Great Recession’s impact on older unemployed Americans’ health and pre-retirement life by focusing on their wealth and income sources, health insurance access, poverty rates, unemployment duration, labor force drop-out rates, and Social Security claiming from 2009 through 2012 using the Survey of Income and Program Participation (SIPP) and the Current Population survey (CPS). All this information helps evaluate how unemployed older Americans have weathered the Great Recession of 2007, five years later. We also analyze whether older workers’ unemployment spells are structural in nature and we offer some solutions to this problem.

Keywords: Elderly unemployment, the Great Recession, structural unemployment, training programs

Suggested Citation

Saad-Lessler, Joelle and Ghilarducci, Teresa and Ghilarducci, Teresa, New Policies for an Older Unemployed Population (June 26, 2013). Available at SSRN: https://ssrn.com/abstract=2343308 or http://dx.doi.org/10.2139/ssrn.2343308

Joelle Saad-Lessler (Contact Author)

The New School for Social Research ( email )

6 East 16th Street
New York, NY 10003
United States

Teresa Ghilarducci

The New School for Social Research ( email )

6 16th Street
New York, NY 10003
United States

Schwartz Center for Economic Policy Analysis (SCEPA) ( email )

80 Fifth Ave.
5th Floor
New York, NY 10027
United States

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