Cross-national analysis of the older workers’ employment rate

Oleh Kratt,Inna Kirnos,J. Horák,Z. Rowland,J. Vrbka

doi:10.1051/shsconf/20207301014

Oleh Kratt, Inna Kirnos + Show 3 more

Open Access

https://doi.org/10.1051/shsconf/20207301014

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Abstract

The share of older people in population structure is constantly rising in developed countries. This leads to a decrease of working age population. Labor market situation of Eastern European countries is aggravated by labor force migration. An effective response to challenges of ageing is productive ageing policy aimed at attracting older workers to labor market. The countries with remarkable success in older workers’ employment are defined in the article. Research method – analysis of extreme values repeatability (5 leading countries and 5 outsider ones) of the statistical sample. An object of the study – is replenishment of human resources at the national labor market. Subject of the study is involving older workers to national labor market. There are three stages of the study. The first stage is ranking the countries according to the older workers’ capability to implement their professional qualities at the labor market on a global scale. Capability domain of Global Age Watch Index is chosen as a criterion for ranking. Relative stability (the composition of countries) and relative volatility (annual change of country indicators’ value) are the features of the leaders’ group. The main feature of the outsider’s group is absence of the state policy towards older workers’ employment. The second stage of the study is ranking OECD countries by older workers’ employment rate. PWC Golden Age Index. Is chosen as a criterion of ranking The values of the criterion is a result of the common policy in the framework of intergovernmental agreements. The proof is positive dynamics of the criterion in both groups. The third stage of study is ranking European countries by duration of the working life. State policy of productive ageing is directed towards prolongation of working life. So, direction of seniority duration characterizes policy effectiveness. Extreme values of seniority demonstrate mutual loyalty of the employers and employees. The decrease in the highest values of seniority and the suspension of their pace of dynamics suggests the existence of an upper limit of seniority. The growth rate of low values of seniority is increasing, which proves the mobility of the bottom line.

Highlights

The share of older people in the population is increasing in the majority of countries
Labor market situation of Eastern European countries is aggravated by labor force migration
An effective response to challenges of ageing is productive ageing policy aimed at attracting older workers to labor market

Summary

Introduction

The share of older people in the population is increasing in the majority of countries. Policy action towards prolonging work life include changes in benefits parameters for the older unemployed, reduced unemployment benefits for older persons, reduction in the duration of unemployment benefits, abolition of the job search exemption for the older unemployed, more activation during unemployment. All these measures strengthened incentives to continue working at an older age [7]. Active ageing is a common policy paradigm in the EU countries, some of them have significantly higher rates of older workers employment. - ranking OECD countries by employment level of older workers, - ranking countries by duration of working life at European level

Data and methods

Results

Ranking OECD countries by older workers’ employment rate

Ranking countries by duration of the working life

Discussion and Conclusion