Re-employment after Retirement or Continue to Work Without Retirement?An Analysis of the Remaining Working Life of the Elders in the Urban and Rural Areas Based on Multi-state life Table
Remaining working life is an important perspective to estimate the labor supply of the elders.Based on the data from 5 round survey of CHARLS 2011-2020,we constructed a multi-state life table of the people born 1936-1966 and find that the men of 60 have a less remaining life but more remaining working life compared with the women of 60,meanwhile the elders of 60 in rural has less remaining life but more remaining working life compared with the elders in urban.The non-employment elders in both urban and rural areas have relatively lower remaining working life,which means that the elders who drop out the labor market are more likely to stay out of the labor market and the elders'employment mode is continued working without retirement instead of re-employment after retirement.The elders continue to work without retirement are mainly the elders in the rural area.Further analysis shows that the elders of 60 with rural residential registration boast of more remaining life and remaining working life than those with non-agricultural residents registration,and elders of 60 under the social program of new rural social endowment insurance boast of the most remaining life and remaining working life among all those under various social endowment insurance programs.
Multi-state life tableRemaining working lifeGap between the rural and urban