Older Workers and the Labor Market: Lessons from Abroad

Abstract

The economic challenges of population aging are seen throughout the world. This article examines the response of European public policy and businesses, particularly as they wrestle with increasing competition. What is the future place of older workers in the labor markets of the industrialized nations of Europe, and how will older workers experience efforts to make them work longer? The article is based largely on research completed recently for the European Foundation for the Improvement of Living and Working Conditions, which considered recent trends in public policy related to older workers in eleven member states of the European Union and developments in workplace policy in approximately 120 organizations, primarily larger and operating in the private sector. Many of these entities were first examined in the early and mid 1990s in a study, also funded by the European Foundation, which was designed so that socalled best practice in the employment of older workers could be identified (Walker and Taylor, 1998). The more recent study provided an opportunity to examine how organizational policy had evolved in the intervening years and the factors influencing this evolution.

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