Does Elderly Employment Reduce Job Opportunities for Youth?

The aging of populations around the world and the associated fall in the working age population are expected to adversely affect countries’ GDP growth in coming decades. These demographic shifts will also place fiscal pressure on governments, given...

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Main Authors:	Jasmin, Alyssa Farha, Abdur Rahman, Amanina
Format:	Brief
Language:	English
Published:	World Bank, Malaysia 2021
Subjects:	EMPLOYMENT YOUTH EMPLOYMENT AGING RETIREMENT AGE LABOR FORCE PARTICIPATION ELDERLY EMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/305061628584328766/Does-Elderly-Employment-Reduce-Job-Opportunities-for-Youth http://hdl.handle.net/10986/36170

id	okr-10986-36170
recordtype	oai_dc
spelling	okr-10986-361702021-08-19T05:10:39Z Does Elderly Employment Reduce Job Opportunities for Youth? Jasmin, Alyssa Farha Abdur Rahman, Amanina EMPLOYMENT YOUTH EMPLOYMENT AGING RETIREMENT AGE LABOR FORCE PARTICIPATION ELDERLY EMPLOYMENT The aging of populations around the world and the associated fall in the working age population are expected to adversely affect countries’ GDP growth in coming decades. These demographic shifts will also place fiscal pressure on governments, given the need either to finance pension systems or to support the most vulnerable in retirement. Extending working lives is imperative but often politically challenging, due to the widespread belief that extending employment for older workers will limit employment opportunities for youth. Global empirical evidence summarized in this brief, as well as original analysis, does not support this belief, and in fact suggests that elderly employment has positive effects on youth employment, on the well-being of older workers, and on economies and societies. There is much to gain in creating a supportive regulatory environment to harness the economic potential of older workers by eliminating age-biased hiring practices, allowing for flexible working conditions, and providing equal opportunities for upskilling and reskilling. 2021-08-18T17:01:16Z 2021-08-18T17:01:16Z 2021-08-09 Brief http://documents.worldbank.org/curated/en/305061628584328766/Does-Elderly-Employment-Reduce-Job-Opportunities-for-Youth http://hdl.handle.net/10986/36170 English Research and Policy Brief;No. 48 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Malaysia Publications & Research Publications & Research :: Brief East Asia and Pacific Malaysia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	EMPLOYMENT YOUTH EMPLOYMENT AGING RETIREMENT AGE LABOR FORCE PARTICIPATION ELDERLY EMPLOYMENT
spellingShingle	EMPLOYMENT YOUTH EMPLOYMENT AGING RETIREMENT AGE LABOR FORCE PARTICIPATION ELDERLY EMPLOYMENT Jasmin, Alyssa Farha Abdur Rahman, Amanina Does Elderly Employment Reduce Job Opportunities for Youth?
geographic_facet	East Asia and Pacific Malaysia
relation	Research and Policy Brief;No. 48
description	The aging of populations around the world and the associated fall in the working age population are expected to adversely affect countries’ GDP growth in coming decades. These demographic shifts will also place fiscal pressure on governments, given the need either to finance pension systems or to support the most vulnerable in retirement. Extending working lives is imperative but often politically challenging, due to the widespread belief that extending employment for older workers will limit employment opportunities for youth. Global empirical evidence summarized in this brief, as well as original analysis, does not support this belief, and in fact suggests that elderly employment has positive effects on youth employment, on the well-being of older workers, and on economies and societies. There is much to gain in creating a supportive regulatory environment to harness the economic potential of older workers by eliminating age-biased hiring practices, allowing for flexible working conditions, and providing equal opportunities for upskilling and reskilling.
format	Brief
author	Jasmin, Alyssa Farha Abdur Rahman, Amanina
author_facet	Jasmin, Alyssa Farha Abdur Rahman, Amanina
author_sort	Jasmin, Alyssa Farha
title	Does Elderly Employment Reduce Job Opportunities for Youth?
title_short	Does Elderly Employment Reduce Job Opportunities for Youth?
title_full	Does Elderly Employment Reduce Job Opportunities for Youth?
title_fullStr	Does Elderly Employment Reduce Job Opportunities for Youth?
title_full_unstemmed	Does Elderly Employment Reduce Job Opportunities for Youth?
title_sort	does elderly employment reduce job opportunities for youth?
publisher	World Bank, Malaysia
publishDate	2021
url	http://documents.worldbank.org/curated/en/305061628584328766/Does-Elderly-Employment-Reduce-Job-Opportunities-for-Youth http://hdl.handle.net/10986/36170
_version_	1764484641767555072

Does Elderly Employment Reduce Job Opportunities for Youth?

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