[RiseofAsia]

https://www.straitstimes.com/business/mo...economists

[Bigiron]

Trying to 忽悠 people


1. Correlation Does Not Prove Causation

The article may suggest that raising retirement and re-employment ages directly caused more seniors to work longer. However, increases in senior employment can also be driven by economic pressures such as inflation or inadequate retirement savings, not just policy changes.

2. Inflated Employment Numbers Due to Broad Definition of "Employed"

Employment statistics often count part-time, short-term, or minimal-hour jobs as employed. For example, a senior working just a few hours weekly may still be counted as employed, which inflates the reported employment rate without reflecting meaningful work engagement.

3. Lack of Job Quality and Pay Details

The focus is on quantity of employment without evaluating job quality, physical suitability, pay level, or whether seniors work out of choice or necessity. Many seniors might be in low-wage or token positions just to survive financially.

4. Survivor Bias and Health Status Overlooked

Employment data reflects only seniors healthy and able enough to work, neglecting those who are ill or unable to find work, which can skew the portrayal of overall senior welfare.

5. Ignoring Underemployment and Mismatch Issues

Statistics may not reveal that seniors could be working fewer hours than desired or in roles beneath their skill level. Nor do they consider seniors unable to find suitable, full-time work, masking real labor market difficulties.

6. Positive Spin and Framing Bias by Authorities

Government framing may emphasize the policy success of extended retirement ages, overshadowing the reality that many seniors work because they must due to cost-of-living pressures or insufficient retirement funds.

7. Insufficient Methodological Transparency

The article and underlying reports may omit critical details such as sample size, inclusion of foreign workers, precise definitions of retirement ages, and how employment status is measured, reducing data credibility.

8. Short-Term Impact Only; Effects Not Sustained Beyond Certain Ages

Research indicates that the increase in employment rate due to higher retirement and re-employment age shows limited long-term effect, fading beyond certain ages like 63 years, and does not increase employment substantially for all affected groups.

[RiseofAsia]

Trying to 忽悠 people

This is against Law of Nature.
古人只教我们，活到老，学到老，不是做到老。