Cohort Differences in Pension and Job Security of Older Union Workers: Evidence from HRS
2024
Pension and Job Security of Older Union Workers
Sample size: 6210
publication
Author Information
Author(s): Oh Yun taek
Primary Institution: University of Nevada Reno
Hypothesis
The declining number of unions and their bargaining power affects older workers' quality of work lives.
Conclusion
The union's declining bargaining power may have influenced pension eligibility, but job security expectations for union workers remain stable.
Supporting Evidence
- The proportion of pension eligibility from current jobs declined over time.
- Expectations of job loss for union members remained stable.
- Non-union workers in the private sector experienced an increased probability of job loss.
Takeaway
As unions lose power, older workers might have fewer pensions, but union workers still feel secure in their jobs.
Methodology
Logistic regressions and competing risk analysis using data from the Health and Retirement Study.
Participant Demographics
Older workers from two cohorts: those born 1931-1936 and those born 1954-1959.
Digital Object Identifier (DOI)
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