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The Aging Workforce. A Profile of the Employment and Economic Characteristics of New Yorkers 55 and Older.

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Bibliographic Details
Title:	The Aging Workforce. A Profile of the Employment and Economic Characteristics of New Yorkers 55 and Older.
Language:	English
Authors:	Persaud, Deochand, Sutton, David L., New York State Office for the Aging, Albany.
Peer Reviewed:	N
Page Count:	42
Publication Date:	1990
Document Type:	Reports - Research
Descriptors:	Demography, Economic Status, Employees, Employment Level, Employment Patterns, Employment Statistics, Labor Force Nonparticipants, Middle Aged Adults, Older Adults, Older Workers, Retirement, Trend Analysis, Unemployment
Geographic Terms:	New York
Abstract:	This report summarizes selected facts on the employment and economic status of the 55 and older household population of New York State in 1987. It is based on data from the Current Population Survey (CPS) conducted by the U.S. Bureau of the Census in March 1988. The report focuses on a profile of workers and nonworkers, primarily retirees, aged 55 and older. Separate profiles are presented for three older age cohorts--persons 55 to 59 years old, 60 to 64 years old, and 65 or older. Some of the highlights of the report are the following: (1) nearly 1.4 million persons 55 and older were active in the state's labor force in 1987, including more than 745,000 persons aged 60 and older and more than 291,000 persons aged 65 and older; (2) older persons who are employed are much less likely to be confronted with poverty and low income; (3) workers decreased from 73 percent of those aged 55-59 to 48 percent of those aged 60-64 to 13 percent of those aged 65 and over; (4) older workers of all ages generally are stable employees who remain with the same employers until they are voluntarily or involuntarily separated from their jobs; and (5) older workers were more likely to be men, to be married, to be the head of a family, and to have attended college. The report includes 21 charts and three appendixes that discuss age-related barriers to employment, list the source and limitations of the study data, and provide definitions of key terms. (KC)
Entry Date:	1992
Accession Number:	ED338871
Database:	ERIC

Description
Abstract:	This report summarizes selected facts on the employment and economic status of the 55 and older household population of New York State in 1987. It is based on data from the Current Population Survey (CPS) conducted by the U.S. Bureau of the Census in March 1988. The report focuses on a profile of workers and nonworkers, primarily retirees, aged 55 and older. Separate profiles are presented for three older age cohorts--persons 55 to 59 years old, 60 to 64 years old, and 65 or older. Some of the highlights of the report are the following: (1) nearly 1.4 million persons 55 and older were active in the state's labor force in 1987, including more than 745,000 persons aged 60 and older and more than 291,000 persons aged 65 and older; (2) older persons who are employed are much less likely to be confronted with poverty and low income; (3) workers decreased from 73 percent of those aged 55-59 to 48 percent of those aged 60-64 to 13 percent of those aged 65 and over; (4) older workers of all ages generally are stable employees who remain with the same employers until they are voluntarily or involuntarily separated from their jobs; and (5) older workers were more likely to be men, to be married, to be the head of a family, and to have attended college. The report includes 21 charts and three appendixes that discuss age-related barriers to employment, list the source and limitations of the study data, and provide definitions of key terms. (KC)