Automation and aging: The impact on older workers in the workforce

Aisa, Rosa (Universidad de Zaragoza) ; Cabeza, Josefina (Universidad de Zaragoza) ; Martin, Jorge

Resumen: Developed countries are seeing advances in automation and, at the same time, their populations are aging. In this paper we examine both phenomena using the delay in retirement age as a nexus. Although automation is freeing workers from repetitive, hard work, older workers feel threatened by new automation advances which generate skill mismatches. Two links are highlighted: First, since skill mismatches affect low-skilled older workers more than those who are highly skilled, the latter will remain active for a longer period of time while the former will be pushed to retire. Second, the highly skilled workers who decide to prolong their working lives are a valuable resource for further automation advances because this technology continues to need human-assisted solutions.Our analysis establishes an important role for adult training to fill the gap between initial education and the
demands of a rapidly changing labor market in order to encourage individuals to postpone their retirement and,hence, to ensure the sustainability of the social insurance system.

Idioma: Inglés

DOI: 10.1016/j.jeoa.2023.100476

Año: 2023

Publicado en: Journal of the Economics of Ageing 26 (2023), 100476 [12 pp.]
ISSN: 2212-828X

Factor impacto JCR: 1.9 (2023)

Categ. JCR: DEMOGRAPHY rank: 17 / 49 = 0.347 (2023) - Q2 - T2
Categ. JCR: GERONTOLOGY rank: 22 / 47 = 0.468 (2023) - Q2 - T2
Categ. JCR: ECONOMICS rank: 223 / 597 = 0.374 (2023) - Q2 - T2

Factor impacto SCIMAGO: 0.878 - Life-span and Life-course Studies (Q2) - Economics and Econometrics (Q2)

Tipo y forma: Artículo (Versión definitiva)

Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)