The associations of physical incapacity and wealth with remaining in paid employment after age 60 in five middle-income and high-income countries
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View abstract on PubMed
Summary
This summary is machine-generated.Physical incapacity reduces the likelihood of older adults remaining in paid employment globally. Wealth can mitigate this, but policy interventions are crucial for supporting vulnerable older workers, especially in middle-income nations.
Area Of Science
- Gerontology
- Sociology of Work
- Global Health
Background
- Limited research exists on health and socioeconomic factors influencing late-life labor force participation in middle- and high-income countries.
- Previous findings are inconsistent due to varied measures of socioeconomic status and labor force outcomes.
Purpose Of The Study
- To investigate the longitudinal associations of physical incapacity and wealth with remaining in paid employment after age 60.
- To compare these associations across diverse middle- and high-income countries.
Main Methods
- Utilized harmonized cohort data from the USA, England, Japan, Mexico, and China (N=32,132).
- Applied multilevel logistic regression for main associations and marginal effects for probability estimations.
- Examined age-related probabilities of remaining employed based on physical capacity and wealth.
Main Results
- Physical incapacity consistently predicted lower odds of remaining in paid employment across all studied countries.
- Wealth was linked to higher odds of continued employment in the USA, England, and Japan, but not Mexico.
- The USA exhibited the largest wealth-based disparity in employment probability among older adults.
Conclusions
- Wealth can partially offset the negative impact of non-severe physical incapacity on employment, particularly in high-income nations.
- Policy recommendations include tailored job placement, support services for disadvantaged older adults, and improved social security access.
- Further research is needed on part-time vs. full-time employment and policy impacts.
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