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According to the Urban Institute's analysis of HRS data from 1992-2004, 21% of respondents 51-55 were laid off at some point by the time they turned 62. Within this sample of older workers who had been laid off, 23% were without a high school degree, 21% were high school graduates, and 18% were college graduates. (Table 1, p. 16)
Johnson, R. W., Mermin, G., & Murphy, D. (2007). The impact of late-career health and employment shocks on social security and other wealth. Washington, DC: Urban Institute. Retrieved February 18, 2008 from http://www.urban.org/publications/411591.html
This report analyzed data from the Health and Retirement Survey from 1992 to 2004 using a sample of 2,829 adults.
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Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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