Older Workers Report

Older Workers’ Gender Gap in Paid vs Unpaid Work

November 2, 2017

Older Workers at a Glance...

  • 3.1% U-3 Headline Unemployment
  • 8.9% ReLab's U-7 Inclusive Unemployment Rate
  • $874 Median Real Weekly Earnings
  • 14% College-Educated Older Workers in Low-Paying Jobs

October 2017 Unemployment Report for Workers Over 55

The Bureau of Labor Statistics today reported a 3.2% unemployment rate for workers age 55 and older in October, a rate unchanged from September. While this aggregate number is low, the reality is that many older workers have low-paying jobs that don’t provide retirement savings coverage. Older women are especially likely to be in low-paying jobs, in part due to the unequal division of household work.

Both men and women ages 55-64 spend the same amount of time working each week – 47.9 hours a week for men and 48 hours a week for women - including both paid work in the labor market and unpaid household work.  But of this total, men spend more time in paid work than women - 30.1 hours for men vs 21.8 hours for women.  Women spend more time on unpaid household work such as food preparation, cleaning, care giving, etc.  Not only do older women get paid for a smaller share of their working time, in the labor market they are more likely than men to be in low-paid jobs – 38% of older women make less than $15 an hour vs 28% of men.1

While older men and women have about the same low rates of access to a retirement plan at work (45% for men and 45% for women), women’s ability to save for retirement is further hurt by the combination of low hourly pay and crowd out of paid work by unpaid work. Older women have a median balance of $90,000 in their retirement accounts, compared to $125,000 for men.

To ensure all workers have a secure retirement, Congress needs to not only raise the minimum wage, but also enact Guaranteed Retirement Accounts (GRAs).  GRAs provide retirement savings accounts to all workers as a supplement to an expanded Social Security program.  The GRA’s $600 refundable tax credit and employer contribution ensure that even low-paid workers, a majority of whom are women, can afford to save for retirement.

1 SCEPA calculations based on 2017 Current Population Survey ASEC, U,S. Census Bureau, Washington D.C.
*Arrows next to "Older Workers at a Glance" statistics reflect the change from the previous month's data for the U-3 and U-7 unemployment rate and the last quarter's data for the median real weekly earnings and low-paying jobs.


Low-Paying jobs




 Percent without Pensions