Note on the Myth that Older Workers Delaying Retirement Creates Unemployment for the Young
6 Pages Posted: 22 Sep 2015
Date Written: October 1, 2014
A common concern when raising the retirement age is that the delayed retirement of older workers will crowd out younger workers from the labour market causing an increase in youth unemployment. This note shows that there is little empirical evidence to support this concern. Rather, the opposite is more likely to be true and older workers delaying their retirement may actually improve the employment opportunities for the young.
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