Perceptions of Job Security in Europeâ€™s Ageing Workforce
Using data from the 2004 Survey of Health, Ageing and Retirement in Europe, this paper investigates older workersâ€™ 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 â€“ labour force participation rate, employment protection legislation, mean level of general social trust, and proportion disapproving of working beyond age 70 â€“ bears statistically significant associations with individualsâ€™ job security. Future research should aim at identifying statistically more powerful indicators of the supposed multilevel relationship between social context and older workersâ€™ 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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