Thursday, April 16, 2020

Losing Your Job Could Make You Fat

Losing Your Job Could Make You Fat Losing your job in the run up to retirement could hurt far more than your bank account; it could harm your long-term health, as well. That’s according to the findings of a new working paper from the National Bureau of Economic Research entitled “The Impact of Late-Career Job Loss and Genotype On Body Mass Index”. The research used data from the Health and Retirement Studyâ€"a longitudinal study that interviews 20,000 participants over the age of 50 every two years on a host of issues, including changes in Body Mass Index (BMI), unemployment, physical and mental health, and moreâ€"and crossed it with genotype data for 2,150 full and part time workers ages 50-60. Controlling for various factors, researchers found that “genetically-at-risk workers who were not overweight prior to job loss were more likely to gain weight than comparable high-risk workers who were continuously employed…” Single men with below median incomes who were already in worse health were particularly vulnerable. The researchers found that those who lost their jobs before they became eligible for Social Security were more likely to gain weight, indicating that idleness before a proper retirement can be bad for your waistline (and overall health). According to lead researchers Lauren L. Schmitz of the University of Michigan and Dalton Conley of Princeton University, these findings are “in line with multiple studies that have linked unemployment to poorer health behaviors in men.” The paper points specifically to the stress as a reason for the weight gain. “The stress of displacement from a business closure may be further compounded if individuals have a harder time finding reemployment and/or are not yet eligible for retirement benefits,” it reads. And those without spouses or much in the way of discretionary funds are more likely to feel the stress. Video Player is loading.Play VideoPlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio TrackFullscreenThis is a modal window. This video is either unavailable or not supported in this browser Error Code: MEDIA_ERR_SRC_NOT_SUPPORTED Technical details : No compatible source was found for this media. Session ID: 2019-12-30:ca2da01f29f53f8e3a177e7 Player Element ID: jumpstart_video_1 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.PlayMuteCurrent Time  0:00/Duration  0:00Loaded: 0%Stream Type  LIVESeek to live, currently playing liveLIVERemaining Time  -0:00  Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Of course, unemployment in older age has several other long-term consequences: Less in retirement savings (which are already hard enough to collect), lower household wealth, and higher rates of stress and anxiety, per the paper. Not only does it take older workers longer to find a new job if they are fired or laid off, but often their wages will take a major hit. According to a 2012 survey conducted by AARP, 77% of Americans between 45 and 54 said employees face age discrimination. As the paper details, “half of unemployed adults aged 50 to 61 experienced more than nine months of job search during the Great Recession, compared to six months for workers aged 25 to 34.” The paper makes sure to note that the findings are not definitive and that there are other issues that need to be taken into account, such as the general decline of health in older age.

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