The evolution of technology causes human capital to become obsolete. We study this phenomenon in an overlapping generations setting, assuming that technology evolves stochastically and that older workers find updating uneconomic. Experience and learning by doing may offer the old some income protection, but technology advance always turns them…

It is commonly believed that teacher turnover is unusually high and that this is a sign of failure in the education system. Previous studies have tested this idea by comparing teacher turnover with that of similar professions, but have come to contradictory conclusions. We provide additional evidence by comparing teachers with professionals from…

Regions around the country are grappling with current and anticipated skills shortages and, in some cases, labor shortages. Economic prosperity depends heavily on the quality of the workforce, and yet far too few regions have recognized their best underutilized asset: the mature workforce. Because mature workers are nearing traditional retirement…

Providing the essential care for children and aged relatives has immediate and long-term financial consequences for women, particularly financial insecurity in retirement. Women's caregiving careers are examined in relationship to the impact on retirement. The need for career and retirement education and counseling aimed at women who assume…

The aged will continue to face increasing economic difficulties in the face of inflation unless some positive measure is taken to counteract this trend. In addition, younger working people will have to carry a financial burden of great magnitude as the number of unemployed older people grows. To improve this situation, employment opportunities for…

Social assistance mechanisms are driving the early retirement trend in Europe. Traditional life stages are disappearing, being replaced by new flexibility in managing the life course. The social security system needs to be reconsidered. (SK)

A sample of 182 engineering managers over age 40 were able to identify multiple role models in their organization. The degree to which they perceived having access to role models and sharing similar attitudes, values, and goals with them was associated with organizational commitment and job satisfaction. (Contains 62 references.) (SK)

Experience Works is a national organization that provides training and employment services to older adults. Its Prime Time Awards Program honors contributions of older workers in their 70s and beyond, demonstrating the continued ability and productivity of this population as well as the benefits they derive from productive work. (SK)

In recent years, legislative changes, new types of retirement plans, and increases in life expectancy have led to differences in retirement ages. More older adults continue to work. The traditional model of social security, savings, and employer retirement benefits is changing. (Contains 31 notes and references.) (SK)

This literature review presents viewpoints on retirement expressed in four books: "Capitalism and the Construction of Old Age," (Chris Phillipson); "Work and Retirement," (Stanley Parker); "Work or Retirement?" (B. Casey, G. Bruche); "The Ageing Worker," (M. Doering, S.R. Rhodes, M. Schuster). (JB)

Current Population Survey and Health and Retirement Study data indicated that rates of computer use were similar for all but the oldest workers, perhaps due to impending retirement. Computer users retired later than nonusers. Possible explanations are because they have valuable skills or because they already intend to dely retirement and thus…

A study of 172 older workers found that career commitment and occupational-goal attainment play a central role in planned retirement age. Age and retirement-income satisfaction had the most significant relationship to planned retirement age. Job satisfaction was not strongly related to retirement intentions. (SK)

Panel Study of Income Dynamics data on job loss (1976 to 1981 and 1986 to 1991) indicated stability in overall incidence of job loss but significant increases in involuntary loss for older workers. Reemployment rate of workers who involuntarily lost jobs dropped from 67% to 62%. Chances of a large wage cut rose to 17% by 1986 to 1991. (SK)

Explains demographic, legal, and economic reasons why managers need to understand older workers and outlines a seminar on issues of managing these employees. (SK)

According to data from the National Longitudinal Survey of Older Men 1966-80, workers reporting age discrimination were much more likely to quit. Job separations were higher among workers who were relatively old, were constrained by health problems, or earned high wages and were lower among those who were married, well educated, or in the public…