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Early Retired or Long-Term Unemployed?

Author

Listed:
  • Bernard Casey

    (P.S.I. 100 Park Village East LONDON NW1 3SR)

  • Frank Laczko

    (Coventry Polytechnic Priory Street COVENTRY CV1 5FB)

Abstract

The paper examines the appropriateness of the epithet `a growth of early retirement' to describe the falling labour force participation of older men in Britain since the end of the 1970s. It refers to statistical explanations of age specific labour force participation and draws extensively on Labour Force Survey data to describe the subjective and objective characteristics of those aged 55-64 who are not in paid employment. Whilst there is evidence that much of the fall in activity rates can be ascribed to a deterioration of the labour market, it is inappropriate to consider those who have left the labour market simply as `unemployed'. Their indeterminate status - between active and inactive - is argued to be akin to that of the long-term unemployed.

Suggested Citation

  • Bernard Casey & Frank Laczko, 1989. "Early Retired or Long-Term Unemployed?," Work, Employment & Society, British Sociological Association, vol. 3(4), pages 509-526, December.
    • Handle: RePEc:sae:woemps:v:3:y:1989:i:4:p:509-526
    DOI: 10.1177/0950017089003004006
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    References listed on IDEAS

    as
    1. Nickell, Stephen J, 1987. "Why Is Wage Inflation in Britain So High?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 49(1), pages 103-128, February.
    2. Greenhalgh, Christine A, 1979. "Male Labour Force Participation in Great Britain," Scottish Journal of Political Economy, Scottish Economic Society, vol. 26(3), pages 275-286, November.
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    Cited by:

    1. Lynn McDonald & Peter Donahue & Brooke Moore, 1998. "The Economic Casualties of Retiring Because of Unemployment," Independence and Economic Security of the Older Population Research Papers 30, McMaster University.

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