20+ Years of Older Workers' Declining Bargaining Power

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

No 2019-02, 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 second quarter of 2019 reveals two highlights: over the past three decades, older workers' wages declined and lagged behind younger workers' wages, and older workers' declining wages are evidence of weakened bargaining power. Policy recommendations include protecting workers' rights and restoring retirement income to provide an alternative to low-quality jobs.

Keywords: older workers; wage growth; unemployment; wages; bargaining power; workers' rights (search for similar items in EconPapers)
JEL-codes: E24 J30 J38 J58 J60 J88 (search for similar items in EconPapers)
Date: 2019-08
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:2019-02

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