Navigation Links
New Research from EBRI: Older Workers Trending Toward More Part-Time Work
Date:3/16/2010

WASHINGTON, March 16 /PRNewswire-USNewswire/ -- Reflecting the changing economic landscape, more older workers are staying in the work force, but increasingly in part-time rather than full-time jobs, according to new research released today by the nonpartisan Employee Benefit Research Institute (EBRI).

Using the latest U.S. Census Bureau data (for 2008), the EBRI analysis shows that an increasing percentage of older Americans are in the labor force: The percentage of those ages 55 or older in the labor force increased from 29.4 percent in 1993 to 39.4 percent in 2008, an increase of 10 percentage points. For those ages 65-69, the percentage increased from 18.4 percent in 1985 to 30.7 percent in 2006, up more than 19 percentage points.

However, while older workers working full time, full year increased steadily from 1993-2007, that trend ended with the recession year of 2008.  While members of the older population were more likely to work in 2008, they were less likely to be working full time, full year in 2008 after consistent increases through 2007.  The full report is in the March 2010 EBRI Notes, online at www.ebri.org

"These trends mark a significant change in behavior for individuals in these age groups," said Craig Copeland, EBRI senior research associate and author of the study, "and are likely driven by their need to obtain affordable employment-based health insurance (as opposed to unaffordable or unavailable coverage in the individual market for those not Medicare eligible) and the need to continue to accumulate savings in employment-based defined contribution retirement plans (principally 401(k)-type plans)."

The article notes that workers who have access to retirement plans and retiree health insurance through their employment face increasing responsibility for contributing to these benefits.  Consequently, they need to save more of their income for these purposes.  The main option for doing that is to delay retirement and remain in the labor force, so as to postpone the need to pay these expenses and continue to accumulate savings.  

EBRI's research also breaks down the data by gender and age, finding that the overall trend (more part-time work) held for both men and women and generally for age (except that as workers are less likely to work full time as they age).

EBRI is now on Twitter! Name: @EBRI

URL: http://twitter.com/EBRI

Sign up for our RSS feeds!



SOURCE Employee Benefit Research Institute

Back to top

RELATED LINKS
http://www.ebri.org

'/>"/>

SOURCE Employee Benefit Research Institute
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. Mount Sinai researchers are the first to identify heart abnormalities in World Trade Center workers
2. Autism Research Study Announced By Children's Health Council
3. Research identifies potential new use for cancer treatment
4. Researchers discover chemical that may protect hearts of muscular dystrophy patients
5. Nuvo Research enrolls first patient in Phase 2 WF10 allergic rhinitis trial
6. Researchers recommend curriculum on unhealthy substance use
7. Using new approach, Mayo Clinic researchers find level of gene alters risk of Alzheimers disease
8. CEMPER.COM Launches New Link Research Tool Version with New Data Source Support for SeoMoz, Sistrix, SEMrush and Majestic SEO
9. Carnegie Mellon research provides insight into brains decision-making process
10. Researchers discover brain tumors grow-or-go switch
11. Get up, get out and go: NC State research tackles childhood obesity
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2016)... ... May 24, 2016 , ... ... , Roberta Jordan is a Certified Nurse Midwife who was born and ... and then went on to complete her masters degree from the University of ...
(Date:5/24/2016)... Fullerton, California (PRWEB) , ... ... ... Solutions, a nationwide provider of communication enabled solutions and managed services today ... cloud software for the enterprise contact center market. , Altura, one of ...
(Date:5/24/2016)... ... May 24, 2016 , ... New Brunswick, New Jersey: This year marks ... their fullest potential. To commemorate the anniversary, the hospital has themed the milestone “Hats ... for Children’s Specialized Hospital Foundation on Saturday, May 21, at Johnson Park in Piscataway, ...
(Date:5/24/2016)... ... 24, 2016 , ... Loma Linda University Health (LLUH) has officially broken ground ... Hospital. Over 3,000 people looked on as the shovels hit the dirt at the ... , During the program, Richard H. Hart, MD, DrPH, president, LLUH, recapped the ...
(Date:5/24/2016)... ... May 24, 2016 , ... A newly released report reveals that ... access to trusted resources, both in face-to-face interactions and online. In “Heard, Not Judged ... concluded that the creative use of mobile digital devices can be an effective tool ...
Breaking Medicine News(10 mins):
(Date:5/24/2016)... HONG KONG , May 24, 2016 /PRNewswire/ ... primer stent de doble terapia del mundo, introduce ... fístula arteriovenosa. OrbusNeich, una compañía global ... cambian las vidas, ha expandido su cartera incluyendo ... catéteres balón JADE™ y Scoreflex™ PTA son los ...
(Date:5/24/2016)... 2016 Een app die artsen ... collectief patiënten kunnen behandelen, hun kennis kunnen delen en ... de nieuwe en revolutionaire MDLinking App, ontwikkeld door een ... dr. Hans Flu en oncologisch chirurg dr. Gijs ... is, wordt op dinsdag 24 mei officieel gepresenteerd op ...
(Date:5/23/2016)... Transparency Market Research has published ... Market - Global Industry Analysis, Size, Share, Growth, Trends, ... report, the exocrine pancreatic insufficiency market is anticipated to ... 2023 to reach US$2.85 Bn by 2023. ... the deficiency of the exocrine pancreatic enzymes, causing failure ...
Breaking Medicine Technology: