Involvement of older people in employment in Latvia
2020
Kudins, J., Daugavpils Univ. (Latvia)
Demographic transformation and increase of older people in Europe have encouraged discussions regarding how economics could help older people to grow old in a dignified way and be active in labour market. In Latvia the term older people is usually applied to pensioners. In this research the author analysed the number of pensioners in Latvia from 2012 till 2018, as well as change of pensioners’ employment level in population aged 45 and over. This research showed that 63.1 % of pensioners (45 years old and over) in Latvia were employed in 2018. Compared to 2012 the amount of employed pensioners in 2018 has increased by 10.2 %. Regression analysis between employed pensioners and average pension in Latvia from 2004 till 2018 shows a statistically significant linear interrelationship (R2 = 0,723) but the data correlation analysis shows a strong positive correlation (r = 0,850).
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