Pathways to Retirement: Patterns of Labor Force Participation and Labor Market Exit Among the Pre-Retired Population by Race, Hispanic Origin, and Sex

TitlePathways to Retirement: Patterns of Labor Force Participation and Labor Market Exit Among the Pre-Retired Population by Race, Hispanic Origin, and Sex
Publication TypeJournal Article
Year of Publication2000
AuthorsFlippen, C, Tienda, M
JournalThe Journals of Gerontology: Social Sciences
Volume55B
Issue1
PaginationS14-S27
Call Numberpubs_2000_Flippen_CJGSeriesB.pdf
KeywordsDemographics, Employment and Labor Force, Health Conditions and Status, Net Worth and Assets, Retirement Planning and Satisfaction
Abstract

This article examines the pre-retirement labor force participation behavior of Black, White, and Hispanic men and women to determine how patterns of labor market exit differ among groups. As predicted, results show significant interaction between race/ethnicity and sex in structuring labor market activity during the pre-retirement years. Black, Hispanic, and female elderly experience more involuntary job loss in the years leading up to retirement. Once unemployed, they are more likely to experience extended unemployment or to exit the labor market completely. Human capital, health, and employment characteristics are clearly proven to be important determinants of labor force withdrawal. Therefore, minority disadvantage in these areas accounts for a large part of the racial/ethnic differences in labor force withdrawal. However, when compared to Whites with similar socioeconomic and demographic characteristics, Black men and Hispanic women still experienced more involuntary labor market exits.

URLhttp://psychsoc.gerontologyjournals.org/
Endnote Keywords

Labor Force Participation/Health Status/Economic Status/Retirement Planning/Basic Demographics

Endnote ID

8376

Citation Key6707