Strategic Analysis of Trends in the Labor Market for Older Workers

Abstract

Modern society is faced with the negative impact on the economies of population ageing, therefore there is an urgent need to develop a strategy for silver economy. A long-term strategy will help to avoid or to reduce the negative effects that are caused by population ageing, as well as to help to use opportunities that will have a positive effect on the development of the economy as a whole. One of the areas associated with the ageing population that needs to be developed is the labor market for the older workers. Due to increase of the retirement age as in Russia and as in other countries this topic is particularly relevant. Creating conditions of work, changing attitudes towards the elderly, their health, retraining, development of technologies that contribute to the improvement of the labor infrastructure are integral directions for strategic development. It is also necessary to pay attention to the specific vector of development of labor market, which is moving towards the automatization of technology and job cuts, which rather complicates the process of introducing the elderly to the labor market. All of the above areas should be considered when writing a long-term strategy for the development of a labor market for the elderly. The aim of the work is to identify existing trends in labor market for older workers in foreign countries and in Russia. The goal was achieved by analyzing international documents, scientific monographs, official data of state statistics of various countries, ministries of labor, health, internal affairs, and reports of international public organizations. The article discusses general demographic trends, the experience of using the labor potential of older people in Indonesia, Japan, the USA and Russia, reveals global strategic trends in the labor market for older people. The data reflect heterogeneity of attitudes towards older people in labor market in different countries. The rate of protection of elder from dismissal and discrimination is also multiple-valued. For the successful development of labor market and support of high quality of life, it is necessary to create a regulatory framework that will protect older employees, establish government policy and change the culture of perception of older people.

Keywords

• older workers, strategic trends, labor potential, ageing population, life quality