ERIC Number: ED189435
Record Type: Non-Journal
Publication Date: 1980
Reference Count: N/A
Unemployment Insurance and the Older American.
Hamermesh, Daniel S.
This monograph reports on an inquiry into the likely distributional effects of recent reductions in the payment of unemployment insurance to recipients of pension and social security benefits and its potential effects on labor market and consumption behavior of older people. An introductory chapter provides facts about unemployment insurance and older people in the United States and elsewhere. Chapter 2 examines the effects of unemployment insurance on the distribution of income among older people and the potential impact of the pension restriction embodied in the 1976 Unemployment Insurance Amendments. It is noted that these restrictions will impinge chiefly upon those households in the upper half of the income distribution among older workers. Chapter 3 examines how much unemployment insurance serves to prevent severe hardship among older recipients. It is reported that better-off older workers have access to prior savings and borrowed funds, and cutbacks in their receipts of unemployment insurance would not appear to have a severe detrimental impact on their living standards. The fourth chapter considers the relationship between receipt of unemployment insurance benefits and subsequent retirement and labor force status. A summary of the distributions of income and unemployment insurance benefits in the retirement history survey subsamples is appended. (LRA)
Descriptors: Financial Problems, Fringe Benefits, Income, Older Adults, Older Workers, Retirement, Retirement Benefits, Unemployment, Unemployment Insurance
W. E. Upjohn Institute for Employment Research, 300 S. Westnedge Ave., Kalamazoo, MI 49007 ($4.00)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Upjohn (W.E.) Inst. for Employment Research, Washington, DC.