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Economic crises and the elderly?


Backes-Gellner, Uschi; Schneider, Martin R (2012). Economic crises and the elderly? Gerontology, 58(2):188-192.

Abstract

Economic crises in the last decades have swept elderly workers more than younger workers out of employment. But now the tide is turning. In affluent societies, elderly workers will have more opportunities of being employed in meaningful and well-paid jobs than ever before. On account of demographic changes, fewer (younger) workers will be around, and most of the reasons that in the past have induced employers to lay off older rather than younger workers will disappear. Future employment strategies will have to focus more on an optimal age mix and on benefitting from the full potential of the elderly.

Abstract

Economic crises in the last decades have swept elderly workers more than younger workers out of employment. But now the tide is turning. In affluent societies, elderly workers will have more opportunities of being employed in meaningful and well-paid jobs than ever before. On account of demographic changes, fewer (younger) workers will be around, and most of the reasons that in the past have induced employers to lay off older rather than younger workers will disappear. Future employment strategies will have to focus more on an optimal age mix and on benefitting from the full potential of the elderly.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Language:English
Date:2012
Deposited On:14 Feb 2012 10:22
Last Modified:21 Sep 2018 07:06
Publisher:Karger
ISSN:0304-324X
Additional Information:© 2012 S. Karger AG
OA Status:Green
Publisher DOI:https://doi.org/10.1159/000330065
PubMed ID:22024996
Other Identification Number:merlin-id:4399

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