Working later in life may not be a bad thing
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While many anticipate retirement, staying active in the workforce during later years can enhance your happiness—particularly for men.
Increasing numbers of people are extending their careers. According to a report from the Organization for Economic Cooperation and Development (OECD), 28.9% of individuals aged 65 to 69 across 38 member countries were still employed in 2023, up from 15.9% in 2000. However, the overall effects on well-being remain largely unexplored.
To delve into this topic, Alisa Lewin from Haifa University and Haya Stear from Tel Aviv University analyzed social survey data from Israel’s Central Bureau of Statistics. They compared the experiences of over 3,300 women and more than 2,000 men who reached 62 and 67 years of age, respectively.
The researchers found that individuals with lower household incomes were more inclined to work full-time. Notably, the men reported financial, family, emotional, and overall life satisfaction levels that were equal to or exceeded those who were not employed.
This trend held true regardless of the nature of their full-time employment. Meanwhile, women showed an increase in family and economic satisfaction.
Researchers suggest this phenomenon may stem from the idea that women could derive a sense of purpose and fulfillment from various life aspects. “Women may find emotional support and social engagement from other sources rather than relying solely on their jobs,” Lewin explains.
“Men, even today, still recognize their responsibilities in providing for their families and achieving workplace success,” notes Carrie Cooper from the University of Manchester, UK.
Results concerning the happiness of participants working part-time were more variable. Outcomes differed based on job type, satisfaction metrics, and participant gender.
Those who began with higher happiness levels tended to work full-time later in life, which could have influenced the findings. Cooper cautions that the results may not be applicable to other cultures or countries.
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Source: www.newscientist.com
