Those who have failed to enter a stable job, by the age of 40, the percentage of workers who They are expelled from the labor market.
“Despite the fact that continuity of employment is expected for another 20 or 25 years, the reality involves being pushed out or out of the job market starting at that age,” according to the Congressional Budget Office (OPC) Report.
The Report adds that “although from the age of 40 withdrawals for invalidity begin to have a greater incidence, no less is the transition to inactivity of the discouraged unemployed. There is a part of the population who is out of the market after the age of 40/45 (or unemployed or inactive) but is still far from retirement”.
In turn, “there is a sizeable proportion of unemployed and inactive people who have the highest level of education surveyed by the EPH”.
On the other hand, “here high levels of unemployment between age 40 and retirement age, in both men and women. This demonstrates that there is a segment of the adult population looking for work, with the difficulties of re-entering the market at that age and, at the same time, far from accessing retirement”.
Even comparing the distribution of employment, formal self-employment sees a greater number of people in the older age groups, explained by the expulsion that the dependent labor market presents for people over the age of 40.
An analysis by working age shows that “ the women enter later to the labor market and have a higher percentage of unemployment, inactivity and informality than men, despite having higher average education levels”.
Source: Clarin
