Older women in Finland
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Employment among year olds increased across all education levels between and in Finland, a study by the Finnish Centre for Pensions ETK has shown. The highest employment rate in this age group was found to be those aged with a higher tertiary degree, with 80 per cent of this cohort in employment. Meanwhile, the lowest employment rate in this age range was among women aged with a primary education, at 7 per cent.
However, they remained unchanged among year olds. Relative inequalities in employment were the lowest among the 60—62 year olds, while the highest educational inequalities in employment were found among the 66—68 year old women. ETK stated that the narrowing educational inequalities among year olds may be partly driven by a decrease in early exit from the labour market via the disability pension and other exit pathways.
Furthermore, unemployment among the elderly had fallen, which may have improved the employment rate of the lower-educated in particular. The educational inequalities in employment among 63—65 year olds were relatively stable, with the highly-educated remaining more often in employment for a longer time than the low-educated. Previous studies have also shown educational inequalities in post-retirement working. In this age group, the majority had already retired on an old-age pension and work alongside a pension.
The study highlighted that educational inequalities in employment were larger for women than men, which ETK said could be due to the relatively low employment rate of lower-educated women. Latest News. AP2 reports 4.