Occupational Transitions at Older Ages: What Moves are People Making?
dc.contributor.author | Sonnega, Amanda | |
dc.contributor.author | Helppie McFall, Brooke | |
dc.contributor.author | Willis, Robert J. | |
dc.date.accessioned | 2017-01-20T16:48:36Z | |
dc.date.available | 2017-01-20T16:48:36Z | |
dc.date.issued | 2016-09 | |
dc.identifier.citation | Sonnega, Amanda, Brooke Helppie McFall, and Robert J. Willis. 2016. "Occupational Transitions at Older Ages: What Moves are People Making?" Ann Arbor, MI. University of Michigan Retirement Research Center (MRRC) Working Paper, WP 2016-352. http://www.mrrc.isr.umich.edu/publications/papers/pdf/wp352.pdf | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/135724 | |
dc.description.abstract | Given the clear benefit for both public and private finances of extending work lives, many policymakers are interested in finding and promoting ways to accomplish this objective while balancing concerns for work ability at older ages. At the same time, retirement itself is transforming from a simple transition from full-time work to full and permanent retirement to more of a process, potentially occurring in several stages over a number of years. We consider a set of work transitions at ages when the largest numbers of people are retiring and potentially pursuing different paths to full and permanent retirement. Among workers who transition between occupations, the most common transitions are between those that are closely related. However, even within closely related occupations, there are no large pipelines between any two. By age 62, 57 percent of workers are no longer in the labor force, 26 percent are still in their “career” occupation, and 17 percent have changed from their career occupation to another occupation. Beginning at age 66, however, the percentages in different occupations, which may be bridge employment or unretirement, are very similar to the percentages remaining in career occupations. Occupational changes later in life tend to be accompanied by decreases in hourly earnings, suggesting that if workers are seeking flexible or part-time bridge employment, it may come at a cost. | en_US |
dc.description.sponsorship | Social Security Administration, RRC08098401, R-UM16-03 | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104 | en_US |
dc.relation.ispartofseries | WP 2016-352 | en_US |
dc.subject | older workers, unretirement, work transitions | en_US |
dc.title | Occupational Transitions at Older Ages: What Moves are People Making? | en_US |
dc.title.alternative | WP 2016-352 | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Population and Demography | |
dc.subject.hlbtoplevel | Social Sciences | |
dc.contributor.affiliationum | University of Michigan-Ann Arbor | en_US |
dc.contributor.affiliationum | University of Michigan-Ann Arbor | en_US |
dc.contributor.affiliationum | University of Michigan-Ann Arbor | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/135724/1/wp352.pdf | |
dc.owningcollname | Retirement and Disability Research Center, Michigan (MRDRC) |
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