Page 16 - IDEA Study 7 Working Beyond Pensionable Age

Graph 6: Unemployment rate conditional on age and gender

Source: Labour force survey 2010 for the Czech Republic

Further, graph 7 shows that the elderly respond to shifts in the statutory retirement age by
postponing their exit from the labour market. It shows that there is no substantial
difference in the proportion of individuals leaving labour market around retirement age
between 1998 and 2010, despite the fact that the retirement age rose by 2 years for males
and 3 years for females during that period. It suggests, again, that neither obstacles on the
labour market nor health problems are the main drivers for retirement, since individuals
are able to adjust the timing of their exit from the labour market according to changes in
the statutory retirement age.

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