ERIC Number: ED439299
Record Type: RIE
Publication Date: 2000-Jan
Unemployment Compensation and Older Workers. Upjohn Institute Staff Working Paper.
O'Leary, Christopher J.; Wandner, Stephen A.
Unemployment compensation in the United States is provided through a federal-state system of unemployment insurance (UI). UI provides temporary partial wage replacement to active job seekers who are involuntarily out of work. For older workers, UI is an important source of income security and a potential influence on work incentives. For example, the transition from full employment to retirement may include other non-career employment and part-time jobs before full retirement. Many issues in UI policy, such as coverage, eligibility, adequacy of benefits, duration of benefits, work incentives, benefit financing, and interaction with other programs, are of concern to older workers. A survey of policy issues suggests that changes, such as initial eligibility, continuing eligibility, wage replacement, and partial benefits, should all be examined to evaluate effects on the likely employment patterns of older workers. Particular attention should be given to UI features affecting the choice of self-employment, part-time work, seasonal work, and agricultural jobs. The financing consequences of possible UI program changes should also be estimated, as should the macroeconomic impact of broadening recipiency. Worsening labor shortage conditions in the United States mean that efforts to retain older workers in the labor force will intensify. The current and potential influence of UI on the income security and labor force participation of older workers should be well understood. (Contains 60 references and 13 tables.) (KC)
Descriptors: Employment Opportunities, Employment Patterns, Futures (of Society), Labor Force Development, Labor Legislation, Labor Market, Labor Needs, Labor Utilization, Older Adults, Older Workers, Policy Formation, Public Policy, Retirement, Underemployment, Unemployment, Unemployment Insurance
W.E. Upjohn Institute for Employment Research, 300 South Westnedge Avenue, Kalamazoo, MI 49007. Tel: 616-343-4330; Fax: 616-343-7310; e-mail: firstname.lastname@example.org, Web site: http://www.upjohninst.org.
Publication Type: Reports - Evaluative
Education Level: N/A
Authoring Institution: Upjohn (W.E.) Inst. for Employment Research, Kalamazoo, MI.
Note: Paper prepared for the National Academy of Social Insurance Conference (Washington, DC, January 26-27, 2000).