By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Economists on the Left Discover … Well … Economics
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Economists on the Left Discover … Well … Economics
Business

Economists on the Left Discover … Well … Economics

JohnCGoodman
JohnCGoodman
Share
2 Min Read
SHARE

Basically, it’s a mess,” says [Steven A.] Sass of the world of retirement today. He says employers liked mandatory retirement because it allowed for an orderly and predictable departure from the payroll. But that certainty is gone at a time that, more than ever, older workers need to find new jobs. In the 1980s, Sass says, about 75 percent of 50-year old workers would be at the same company 10 years later. Today, only half of 60 year-olds are working at the same place that employed them at age 50.

Basically, it’s a mess,” says [Steven A.] Sass of the world of retirement today. He says employers liked mandatory retirement because it allowed for an orderly and predictable departure from the payroll. But that certainty is gone at a time that, more than ever, older workers need to find new jobs. In the 1980s, Sass says, about 75 percent of 50-year old workers would be at the same company 10 years later. Today, only half of 60 year-olds are working at the same place that employed them at age 50. In Working Longer, he and [Alicia] Munnell float what he calls the “somewhat scandalous” suggestion that the prohibition on mandatory retirement be repealed—allowing companies to impose it, he suggests, at the “politically feasible” age of 70. “Unless employers have an assurance they have a way to get rid of older employees, they won’t hire older workers,” he says.

This is from Yglesias.

   

More Read

epatient_2015_3D
The Not-A-Marketing Book Every Healthcare Marketer Should Read
Health Care Buzz Today
How to Reduce Hospital Acquired Infections in Your Facility
Better Testing for ALS with This Health Startup
Where the Medicare Dollars Go
TAGGED:retirement
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Epidemiological Health Benefits
Personal and Epidemiological Health Benefits of Blood Pressure Management
Health
October 13, 2025
Traumatic Brain Injuries
Understanding Traumatic Brain Injuries: What Families Need to Know
Policy & Law
October 10, 2025
Remote Monitoring touchpoints
Remote Monitoring Touchpoints Patients Will Actually Follow
Technology
October 9, 2025
dental care
Importance of Good Dental Care for Health and Confidence
Dental health Specialties
October 2, 2025

You Might also Like

Physician-Led Advocacy Group Strives for Diversity among Its Profession

February 28, 2012

Michael Tanner: Despite Flaws, We’re No. 1

October 28, 2011
doctor looking at his wristwatch
Hospital Administration

When Mistakes Happen in Hospitals and Lives Are at Stake

September 26, 2025

Health Care Online Marketing, Social Media and HIPAA: Google Hangout on Air

July 21, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?