Join us on Tuesday, December 3, at 2pm-3pm ET for the Columbia Aging Center hybrid seminar:
How Job Displacement Affects Labor Market Outcomes at Older Ages
Speaker: Aida Farmand, PhD, Policy Research Specialist, Institute for Research on Labor and Employment, University of California, Berkeley
Location: Zoom or 722 West 168th Street, Room 440
Register to attend in person of via zoom at:
https://columbiacuimc.zoom.us/meeting/register/tJEtfuqsrTopEtae0uXT7akGzdvOnflUfj0L
Abstract: This study examines the economic challenges faced by older workers following job displacement, with a focus on disparities related to race and gender. Using data from the Current Population Survey Displaced Workers’ Survey, the analysis highlights how older workers experience longer unemployment durations, lower reemployment probabilities, and greater wage losses compared to younger workers. These disparate outcomes further weaken the bargaining power of displaced older workers in the labor market and heighten their retirement insecurity.
