Despite conventional wisdom that older workers who are delaying retirement are squeezing younger employees out of a jobs, a new study found no support for that thinking – and even some evidence that the older workers maybe helping the next generation.
“Our estimates show no evidence that increasing employment of older persons reduces the job opportunities or wage rates of young persons,” according to a new study from the Center for Retirement Research at Boston College.
“The theory may sound plausible, but the data do not support it,” the research determined.
The paper, co authored by Alicia Munnell and April Wu, analyzed data from the Census Bureau from 1977 to 2010. It looked at both men and women, and groups with varying education…
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