Germany: Older Workers on the Rise?
We show that the overall increase of the employment figures is strongly related to an increase in the stability of employment relations while transitions from unemployment to employment remain an exception. Thus the chance of leaving unemployment seems to be unevenly distributed between age groups.
We therefore shed light on the impact of individual characteristics and labor market figures on the chance to leave unemployment or the risk of staying unemployed by looking at exits from employment subject to social security contributions in 2004 and 2009 with respect to different age groups. By considering two different periods we will also be able to shed light on the possible impact if institutional changes.
A rich set of administrative microdata – the so called “Integrierte Erwerbsbiografien” (IEB) – allow us to track the employment course until the end of 2012 and provide detailed information about their labor market histories. Thus, we can identify differences in the labor market performance between age groups as well as factors increasing or decreasing the probability of re-employment, becoming long-term unemployed or leaving the labor force within age groups.