The Older Worker

Older workers' workplaces are becoming a vibrant space rather than a one-way street leading to retirement. The working life of the elderly is in the dynamic employment period, temporarily leaves the workplace and reenters the dynamic model of the same or new occupation. New older workers will extend the work life of the third stage, exceed the conventional retirement age, and ultimately will take over the role of work. The third age of life is related to choice, personal achievement and liberation (Soulsby 2000).

In this article, I will explain the impact of new technology changing skill requirements on older workers. Older workers with high skills and low skills will suffer as compared to older workers. In addition, if the cost to master skills is high, incentives for elderly workers to acquire new skills will decrease due to the short retirement age. Some data indicate that the use of computers at most ages is surprisingly flat, but for the oldest workers this situation is declining. The development of computer use shows that most young people learn to use computers as needed and older workers are using fewer computers. Conversely, elderly employees who are not using computers may expect to retire earlier. In the survey of health and retirement, the probability that users other than computers leave their posts between 1992 and 1996 increased by 25%.

New technology such as computers has changed the skill requirements. This article describes two related effects of computers on older workers with fewer computers to use. The evolution of computer use in the current census suggests that future retirement will reduce the motivation for older workers to acquire new skills. In addition, health and retirement studies have shown that computer users retire later than non-users. This is because computer users chose to retire at a later time and workers planning to be late chose to learn computer skills. An estimate of the tool variable indicates that the use of the computer reduces the possibility of direct withdrawal