Older workers economic activity and the health status - The implication of age management

Abstract

With regard to demographic ageing, there is an increasing need to study and understand the factors affecting labour market participation beyond age 50. The present study focuses on the relation between late employment (economic activity) and health condition among the Czech population aged 60+ with respect to gender. The control group used consists of Czechs aged 50 – 59 with the relation between economic activity and health condition with respect to gender is also investigated. The findings also showed that the health status of economically active Czech seniors in both age groups is worse than that of economically inactive ones. This outcome is in contradiction of previous researches which have found that poor health is the most frequently cited reason for an early exit from labour market to early retirement. Also these findings emphasize the increasing need of implementation of age management on the organizational as well as on the national level.