If you are an ILIR or LER graduate, you should know that Prof. Franke did more to pivot our program to an HR perspective, somewhat away from its “industrial relations” focus, than any other LER dean/director. He made our program relevant for decades to come.
Walt studied older workers when the subject was dull as dishwater. Today, his work offers significant insights into the rise of Donald Trump.
Here is a sample. God speed, Walt, with great respect and appreciation. Michael
Labor Market Experience of Unemployed Older Workers
Walter H. Franke
This article reports some of the findings of a study of unemployed older persons in Peoria, Illinois based on interviews conducted in July and August 1959 with 195 male workers age 45-64 who were jobless during October 1957.
Extent of Long-Term Joblessness
Most of the workers experienced very extended periods of unemployment. Over half were with- out work for a year or more. The high level of extended joblessness reflects in part, of course, the weak demand for labor generally during much of the period covered.
Extended periods of unemployment were particularly frequent for workers who were age 55 and over, for those who had relatively little education, for blue-collar workers with little skill, and for those who had to leave their previous jobs for reasons of health. Fifty-seven percent of those with less than a ninth grade education were out of work for a year or more, compared with only 44 percent of those with more education. The combination of advanced age and low education had particularly severe consequences. Sixty-five percent of those age 55 and over with less than a ninth grade education were without work for 12 months or more.
These data indicate that the market does differentiate among older workers.
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