Finance Minister Bill Morneau has taken quite a bit of heat for his tone deaf comments about the reality of precarious work, specifically saying that we should just “get used to job churn”. But his policy prescription, an improved social safety net, is a quite valid part of the solution. But must we accept that . . . → Read More: The Progressive Economics Forum: How do you solve a problem like precarious work?
There was a spate of media stories recently on a US report finding that increased employment of seniors has no negative impacts at all on young people also seeking work.
In fact, the study by leading US economist Alicia Munnell, looking mainly at the experience of US states, did say that the so-called “lump of . . . → Read More: The Progressive Economics Forum: Are Younger and Older Workers Fighting for Jobs?
The C D Howe Institute have put out a study on later retirement by Peter Hicks, a former senior official with HRSDC and the OECD who has written a lot on the policy implications of ageing societies. I find this to be one of his less convincing efforts.
The argument – with parenthetical comments – . . . → Read More: The Progressive Economics Forum: Later Retirement: A Win – Win Solution?
Former Assistant Chief Statistician Michael Wolfson shows that governments collectively stand to save very little from hiking the age of eligibility for the OAS/GIS, a measure that is widely expected to be in Thursday’s Budget.
The math (based on the SPSDM):
In 2011, cutting OAS/GIS from seniors age 65 and 66 would save the federal . . . → Read More: The Progressive Economics Forum: The Illusory Savings of Hiking the Age of Eligibility for OAS