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Perceptions of Job Security in Europe’s Ageing Workforce

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  • Hank, Karsten

    ()

  • Erlinghagen, Marcel

    (Munich Center for the Economics of Aging (MEA))

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    Abstract

    Using data from the 2004 Survey of Health, Ageing and Retirement in Europe, this paper investigates older workers’ perceptions of job security in eleven countries. We describe cross-national patterns and estimate multilevel models to analyse individual and societal determinants of self-perceived job security in the older labour force. While there are considerable cross-country variations around a median value of 23% of workers aged 50 or older ranking their job security as poor, none of our suggested macro-level variables – labour force participation rate, employment protection legislation, mean level of general social trust, and proportion disapproving of working beyond age 70 – bears statistically significant associations with individuals’ job security. Future research should aim at identifying statistically more powerful indicators of the supposed multilevel relationship between social context and older workers’ perceptions of job security. Moreover, supplementary findings indicate that further attention should be paid to the gender dimension of job insecurity.

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    Bibliographic Info

    Paper provided by Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy in its series MEA discussion paper series with number 09176.

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    Date of creation: 01 Jan 1970
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    Handle: RePEc:mea:meawpa:09176

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    Postal: Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy, Amalienstraße 33, 80799 München, Germany
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    1. Green, Francis & Felstead, Alan & Burchell, Brendan, 2000. " Job Insecurity and the Difficulty of Regaining Employment: An Empirical Study of Unemployment Expectations," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 62(0), pages 855-83, Special I.
    2. Jonathan Gruber & David A. Wise, 2002. "Social Security Programs and Retirement Around the World: Micro Estimation," NBER Working Papers 9407, National Bureau of Economic Research, Inc.
    3. Marcel Erlinghagen & Karsten Hank, 2005. "Participation of Older Europeans in Volunteer Work," MEA discussion paper series 05071, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    4. Royalty, Anne Beeson, 1998. "Job-to-Job and Job-to-Nonemployment Turnover by Gender and Education Level," Journal of Labor Economics, University of Chicago Press, vol. 16(2), pages 392-443, April.
    5. Dalen, H.P. van & Henkens, C.J.I.M. & Schippers, J.J., 2009. "Dealing with older workers in Europe: A comparative survey of employers' attitudes and actions," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3529847, Tilburg University.
    6. Agar Brugiavini & Tullio Jappelli & Guglielmo Weber, 2002. "The Survey on Health, Aging and Wealth," CSEF Working Papers 86, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    7. Karsten Hank, 2004. "Effects of Early Life Family Events on Women’s Late Life Labour Market Behaviour: An Analysis of the Relationship between Childbearing and Retirement in Western Germany," MEA discussion paper series 04047, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
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