RESEARCH OF SOME ASPECTS ABOUT THE ELDERLY EMPLOYED IN THE LATVIAN LABOUR MARKET

Abstract

The seniors are among the resources to reduce tension in certain labour market areas and promote further economic development. Taking into account the aging population trends, the role of seniors will increase in Latvia’s labour market. The aim of this research study is to explore the self-assessment of the elderly employed about their abilities to work competitively at pre-retirement age and go on to work at pension age. The research has verified some theoretical findings about the elderly people in the labour market by using content analysis, comparative analysis, synthesis, and the abstract and logical construction methods. The self-assessment of the employed aged above 50 about their abilities to compete in labour market is analysed in the research. A survey of the pre-retirement and pension-aged employees is carried out in the research. The main findings of the research are as follows: the development of technologies and the raising standard of living in Latvia creates new social opportunities for pre-retirement and retirement-age people to go on to work. The stereotypes in society on the preretirement and retirement-age employees are out of date and need to be changed. There are recommendations for improvement of competitiveness of the elderly employed in the labour market developed in the paper.