The coronavirus crisis comes at a bad time for older workers who are getting ready to retire soon. New research takes a look at how well these people can work from home or find new employment if they need to. Results are mixed.
The good news is that age alone shouldn't diminish older workers' ability to work from home, the research found. Workers who are older actually are increasingly likely to have jobs that can be done remotely.
But that ability to work from home isn't spread out equally. Those who have higher earnings are more likely to be able to work remotely. Women also tend to be able to work from home more. That's consistent with other research that has pointed to women making job flexibility a priority, according to the Center for Retirement Research.There is some optimism when it comes to job prospects for older workers, separate research by the Center for Retirement Research found.
But positions advertised directly on the site tend to have lower average wages and are less likely to mention benefits. Examples include delivery or retail positions. "It was encouraging if you took the site as a whole, because there were so many of these jobs where employers were open to older workers," Munnell said. "But it's less heartening if you look at the ones that are aiming for specifically for older workers."In looking at the research, a new group of haves and have nots emerge: those who have jobs and those who do not, Munnell said.
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