The Urban Institute has tracked job trends for four decades, following unskilled workers during the 1990s boom, welfare leavers taking jobs, and, more recently, older workers during the recession. Our experts study workforce development, disability and employment, and the low-skill labor market. Read more.
The 2009 economic downturn that pushed up unemployment rates did not spare older workers. Unemployment rates reached record highs in 2009 for men and women age 55 and older. Older African Americans, Hispanics, and adults with limited education were especially likely to find themselves unemployed. Older adults who lost their jobs spent more time out of work than their younger counterparts. There were some encouraging developments, however. Employment rates for adults age 62 and older did not fall because many older workers stayed in the labor force, and earnings for full-time workers age 65 and older grew substantially.
The recession has increased joblessness among older Americans. These graphs and tables report unemployment rates and how they have varied by age, sex, race, and education since 2007.
How employers respond to automatic pension enrollment is important to the debate over how to increase retirement savings for all Americans. We recently completed a study showing that employers with autoenrollment have lower match rates than those without it, suggesting that employers may be trying to offset their higher costs. In contrast, the Employee Benefit Research Institute finds that employers with automatic enrollment have increased match rates since 2005. The two studies measure different concepts and use different time frames. A large sample of 401(k) plans reporting match rates before and after autoenrollment is needed to fully understand employer responses.
This is the first report from the evaluation of the Community-Based Job Training Grants (CBJTG) being conducted by the Urban Institute, with its partners Johns Hopkins University and Capital Research Corporation. The CBJTG program focuses on building the capacity of community colleges to provide training to workers for high-growth, high-demand industries. The evaluation began in July 2008 with the purpose of documenting the different models and projects that are operating with grant funds, examining and assessing the implementation of grant-funded projects, and identifying innovative features and promising strategies. This report is based on a review of proposals and reports from 211 grantees available through the end of 2008. The information provides a comprehensive picture of the grantee organizations and the activities planned for their CBJTG-funded projects.
Questions persist about how well Social Security Disability Insurance, workers' compensation, Supplemental Security Income, and veterans' benefits protect people who are unable to work. This study examines disability benefit receipt, income, and poverty status for a sample of Americans as they age. The results underscore the precarious financial state of most people approaching traditional retirement age with disabilities. Fewer than half of people who meet our disability criteria ever receive disability benefits in their fifties or early sixties. Poverty rates for those who do are more than three times as high after benefit receipt than before disability onset.
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The Urban Institute has tracked job trends for four decades, following unskilled workers during the 1990s boom, welfare leavers taking jobs, and, more recently, older workers during the recession. Our experts study workforce development, disability and employment, and the low-skill labor market. 