Job Market Monitor
Early Retirement
Technical Change and Early Retirement in US – Once a certain degree has been reached, the probability to retire early decreases again
In a new research paper published in the IZA Journal of Labor Policy, Lorenzo Burlon (Bank of Italy and IZA) and Montserrat Vilalta-Bufí (University of Barcelona) reexamine the effect of technical progress on early retirement in the US. They find that technical progress affects early retirement in two opposing ways. On the one hand, it … Continue reading
Near 46% of young workers feel older colleagues should retire younger
Almost (46%) of young workers agree that older employees should retire younger as they pose a threat to younger workers’ career progression, a survey from KPMG reveals Continue reading
US / Toyota / Retirement incentives offered to 2,000 employees
Toyota Motor Corp (7203.T) said on Friday it is offering retirement incentives to about 2,000 U.S. workers, or 10 percent of its employees in the country, in an effort to manage attrition of its aging work force. About 1,600 workers at the Japanese automaker’s Georgetown, Kentucky plant, or about a quarter of the work force … Continue reading
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