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The Great Retirement Surge Driven by Mass Job Loss During the Pandemic [Podcast]Podcast #269 -Teresa Ghilarducci and Siavash Radpour Clarify How the Nice Retirement Surge was Pushed by Mass Job Loss


This week I’m talking with Teresa Ghilarducci and Sia Radpour about how the good retirement surge was not related to the good resignation however by mass job loss by older employees throughout the pandemic.

Teresa and Sia are each economists with the Schwartz Middle for Financial Coverage evaluation and so they not too long ago printed a report known as No “Nice Resignation” for Older Staff—Mass Job Loss Drove the Retirement Surge.

This report confirmed lots of our suspicions that the good retirement surge was pushed by involuntary job loss and was not by alternative.

Teresa’s bio is as follows:

Teresa Ghilarducci is a labor economist and nationally acknowledged skilled in retirement safety.

She holds the Irene and Bernard L. Schwartz Chair in financial coverage evaluation within the Economics Division on the New College for Social Analysis and directs the Schwartz Middle for Financial Coverage Evaluation that focuses on financial coverage analysis and outreach.

Ghilarducci joined The New College in 2008 after 25 years as a professor of economics on the College of Notre Dame. Her most up-to-date ebook, Rescuing Retirement: A Plan to Assure Retirement Safety for All People, presents options to the rising retirement disaster within the U.S.

Sia’s bio is as follows:

Siavash Radpour earned his Ph.D. in economics from the New College for Social Analysis in 2020. His analysis focuses on the results of the retirement system and ageing on wealth and revenue inequality, wellbeing, and financial development and redistribution. Beforehand, he labored as a Analysis Affiliate for the Retirement Fairness Lab. He acquired his MA in economics and enterprise from the College of Groningen within the Netherlands and Corvinus College of Budapest.

My dialogue with Teresa and Sia clearly states a number of the ugly truths on how older employees have been damage throughout the pandemic. They acknowledge the elephant within the room that ageism within the job market is alive and effectively. That is an employer problem that solely employers can repair.

This episode is sponsored by Profession Pivot. Take a look at the Profession Pivot Group, and make sure you choose up my newest ebook, Repurpose Your Profession: A Sensible Information for the 2nd Half of Life Third Version.

Now on to the podcast…

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