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10+ Years of No Wage Growth: The Role of Alternative Jobs and Gig Work

Retirement Equity Lab
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Retirement Equity Lab: Schwartz Center for Economic Policy Analysis (SCEPA), https://www.economicpolicyresearch.org

No 2019-01, SCEPA publication series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: An examination of the status of older workers in the first quarter of 2019 reveals two key trends: older worker wage growth is minimal and lags behind prime-age wage growth, and older workers increasingly resort to precarious alternative work, eroding their bargaining power and impacting other older workers' wages. To address these troubling trends, Congress and the President should create an Older Workers' Bureau, Guaranteed Retirement Accounts, and expanded Social Security to protect older workers.

Keywords: older workers; wage growth; alternative work; gig work; wages; unemployment (search for similar items in EconPapers)
JEL-codes: E24 J30 J38 J58 J60 J88 (search for similar items in EconPapers)
Date: 2019-05
New Economics Papers: this item is included in nep-age and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepapb:2019-01

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