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Social Security has made it possible for the vast majority of workers to enjoy a period of retirement in at least modest comfort without relying on their children for support. The average length of retirement has increased consistently since the program was started in 1937. However, the increase...
Persistent link: https://www.econbiz.de/10008680677
There is enormous public confusion (much of it deliberately cultivated) about the extent of Social Security’s projected shortfall. Many policymakers and analysts point out that projections from the Congressional Budget Office and the Social Security Trustees show the program to be out of...
Persistent link: https://www.econbiz.de/10008694896
Unlike a century ago, people expect their children to live past the age of retirement. This fact has important implications for how workers save for retirement, but has no specific implications for the retirement portion of Social Security. In addition, the increase in life expectancy is not...
Persistent link: https://www.econbiz.de/10008568136
There has been a serious push in policy circles to cut Social Security benefits for near- and/or current retirees. The argument for such cuts has been based on the deficits in the federal budget; the finances of the Social Security program have been at most a secondary consideration. However,...
Persistent link: https://www.econbiz.de/10008526372
Employment in physically demanding jobs or in jobs with difficult working conditions is a major cause of early labor-market exit among older workers. Raising the retirement age is particularly concerning for near-retirement age workers with such jobs. Despite the fact that the retirement age...
Persistent link: https://www.econbiz.de/10008492934
On January 24, the Bureau of Labor Statistics (BLS) released its estimates for union membership in the United States in 2013. This issue brief focuses on the union membership numbers by gender, education, race, and private vs public sector.
Persistent link: https://www.econbiz.de/10010741285
This issue brief looks at the most recent national data available to examine the impact that being in or represented by a union has on the wages and benefits of women in the paid workforce. Even after controlling for factors such as age, race, industry, educational attainment and state of...
Persistent link: https://www.econbiz.de/10010741286
In this report, we review the most recent data available to examine the impact of unionization on the wages and benefits paid to black workers. These data show that even after controlling for factors such as age and education level, unionization has a significant positive impact on black...
Persistent link: https://www.econbiz.de/10010741287
On January 23, the Bureau of Labor Statistics (BLS) released its estimates for union membership in the United States in 2012. This issue brief focuses on the union membership numbers by state. In addition to presenting the BLS estimates for overall union membership in each state, we also provide...
Persistent link: https://www.econbiz.de/10010604615
Over the last quarter century, the unionized workforce has changed dramatically, according to this new CEPR report. In 2008, union workers reflected trends in the workforce as a whole toward a greater share of women, Latinos, Asian Pacific Americans, older, more-educated workers, and a shift out...
Persistent link: https://www.econbiz.de/10008545823