New Policies for an Older Unemployed Population
The New School for Social Research
Schwartz Center for Economic Policy Analysis (SCEPA); The New School for Social Research
June 26, 2013
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.
Number of Pages in PDF File: 38
Keywords: Elderly unemployment, the Great Recession, structural unemployment, training programs
Date posted: October 23, 2013