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Fact-of-the-Week: 7 February 2011


fact of the week

OLDER MEN GAIN RE-EMPLOYMENT, BUT AT A LOWER WAGE


"Median hourly wages for reemployed men, age 50 to 61, are 20.1% loweron the new job than the old job and 35.6% lower on the new job for men age 62 or older," according to a 2011 analysis of SIPP data by the Urban Institute.


Johnson, R. W., & Mommaerts, C. (2011). Age differences in job loss, job search, and reemployment. (Program on Retirement Policy, Discussion Paper No. 11-01). Washington, DC: Urban Institute. Retrieved from http://www.urban.org/UploadedPDF/412284-Age-Differences.pdf