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On the scrap‐heap at 45: The human impact of mature‐aged unemployment
Author(s) -
Ranzijn Rob,
Carson Ed,
Winefield A. H.,
Price Debbie
Publication year - 2006
Publication title -
journal of occupational and organizational psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.257
H-Index - 114
eISSN - 2044-8325
pISSN - 0963-1798
DOI - 10.1348/096317905x66828
Subject(s) - psychology , unemployment , cohort , workforce , demographic economics , gerontology , developmental psychology , economic growth , economics , medicine
This paper reports on a qualitative study conducted in Adelaide, South Australia into the impact of mature‐aged unemployment and under‐employment on the individual. Data were collected by means of six individual and group interviews with a total of 27 participants (17 men and 10 women). The participants were asked about the impact on their quality of life, their expectations for the future and their short‐term and long‐term financial situation. The results suggest that there is a substantial ‘lost generation’ of mature‐aged unemployed people who are characterized by shrinking horizons and impaired quality of life. The participants expressed frustration at being unable to contribute to society and support their own adult children. Inability to use their skills and talents, with consequent skill depreciation, can lead to what we label the ‘peg‐down phenomenon’, an intermediate step between becoming unemployed and entering the ranks of the discouraged job‐seekers that ultimately leads to a premature exit from the workforce. This cohort is different from other age groups of unemployed people because of the unique developmental characteristics of middle‐aged people, compounded by financial and caring demands from both the younger and older generations. The paper concludes with policy recommendations, including expanding social inclusion policies to address the needs of this cohort and early intervention with more focused job‐specific training.