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The Growth of Unstable and Low-Wage Work Among Older Workers

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Abstract

Between 2005 and 2015, the growth in older workers' unstable and low-wage jobs outpaced growth in jobs offering decent pay or stable employment. By 2015, nearly 1 in 4 older workers were in bad jobs. Bad jobs include the alternative work arrangements of on-call, temp/contract, and gig jobs (excluding independent contractors) and low-wage traditional jobs (paying less than $15,000 per year).

Suggested Citation

  • Teresa Ghilarducci & Michael Papadopoulos & Anthony Webb, 2018. "The Growth of Unstable and Low-Wage Work Among Older Workers," SCEPA policy note series. 2018-03, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    • Handle: RePEc:epa:cepapn:2018-03
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    File URL: https://www.economicpolicyresearch.org/images/Bad_Jobs.pdf
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    Cited by:

    1. Teresa Ghilarducci & Aida Farmand, 2019. "Why American Older Workers Have Lost Bargaining Power," SCEPA working paper series. 2019-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.

    More about this item

    Keywords

    Alternative work; Employment; Gig economy; Low-wage; Traditional jobs; Unemployment; Older workers;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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