Insights Blog
COVID-19 Recession Worsens Inequalities in Job Safety Among Older Workers
SCEPA's latest research finds that the COVID-19 recession worsens the inequality of job safety among older workers.
SCEPA’s latest research by Senior Fellow William M. Rodgers III, former chief economist at the US Department of Labor, highlights a potential headwind to recovery from COVID-19. His findings show that states which lean or are solidly Republican re-opened sooner than Democratic states, and their testing and infection data are “trending poorly.”
Last updated June 1, 2020.
A compendium of economic thoughts and policy recommendations in response to the coronavirus.
This report documents the growth in older workers’ unstable and low-wage jobs from 2005 to 2015.
This report demonstrates how low and decreasing retirement plan coverage rates and the shift from traditional defined benefit pension plans to 401(k)-type plans are threatening New Yorkers’ financial readiness for retirement.
Wage suppression - not monopoly power - is fueling corporate profits and the growing gap between rich and poor.
Older workers have not been able to save adequately for retirement.
Economist Willi Semmler, director of SCEPA’s Economics of Climate Change project, gave a presentation in Sorbonne, Paris, as part of the Financial Regulation Lab (LabEx ReFi).
ReLab's new report, "40% of Older Workers and Their Spouses Will Experience Downward Mobility in Retirement," finds that inadequate retirement accounts will cause 8.5 million middle-class older workers and their spouses to be downwardly mobile in retirement, falling into poverty or near poverty in their old age.
About SCEPA
SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.
