Date of Award
12-1-2024
Degree Name
Master of Science
Department
Economics
First Advisor
Watts, Alison
Abstract
Erron Johnson, for the Master of Science degree in Economics, presented on November 7, 2024, at Southern Illinois University Carbondale. TITLE: DOES AGEISM EXIST IN THE WESTERN WORLD OF EMPLOYMENT? DOES OUR GROWING AND AGING POPULATIONS IMPACT THE FUTURE OF THE JOB MARKET?MAJOR PROFESSOR: Dr. Alison Watts This document investigates the relationship between the wages of older and young workers in western societies as variables for employment, unemployment, and labor force participation. The primary question this essay wants to address is what the future look should look like for employment opportunities as nations are continuing to have an aging population. This research used fixed effects, bar plots, and summary statistics method over a 23-year period (1990-2023) for 10 countries in North America, Europe, and Australia. Based on the evidence and consistency observed, I can say there is a positive correlation between young workers’ presence in the labor force in relation to wage gaps, unemployment and labor force participation rates for both young and old workers.Keywords: Wage gap, Employment, Unemployment, Labor force participation rate
Access
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