Live data from Hacker News

Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

nber.org

51–60 of 395 posts

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#51

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

I retired recently in my late 40s (FIRE). Work was occasionally fulfilling, but mostly just a drag and when I didn't need it anymore, I was more than happy to stop. I've been raising my kids which is stimulation enough, but they are teens now and don't need such constant attention. Most of my other interests got swallowed up by career and kids and I don't really have the urge to go back to them. Actually thinking about going to grad school.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#52

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

[deleted]

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#53
post #13

Earlier quoted context omitted.

>but it seems almost childlike that the paper doesn't address the obvious confounding variable: I thought that's the reason why they used "Evidence from Labor Market Shocks"? The idea is that when "Labor Market Shocks" (ie. mass layoffs) happen, the people who lose their jobs are somewhat random, so there isn't the confounding variable of low performers/sick people.

It's not about "low performers / sick people," it's unemployment itself (especially sudden layoffs) making people more susceptible to substance abuse, regardless of their health when they're unemployed.

Whilst that's a perfectly valid hypothesis, they explicitly did test for relationships with rises in opioid misuse and didn't find evidence to support it. There isn't even consistent empirical data to show unemployment as a causal factor in aggregate increased drinking, never mind it being concentrated among recently laid off early onset dementia patients. The reality is unemployment influences some people to drink more and others to drink less, the circumstances of the unemployment and the demographics of the individual matter as do the patterns of the drinking, and even the statistical relationship between drinking and dementia is complex as statistically the lowest risk behaviour tends to be "moderate" rather than zero alcohol consumption

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#54
post #23

Interesting. I haven't read the paper yet so forgive a bit of ignorance here, but I feel like when I'm unemployed, I actively spend all my time trying to learn new things. This is no small part because otherwise I get depressed because I am spending all my time on YouTube and there are only so many "documentaries" about Lolcows that I can stomach, so I dive head first into projects, usually buying a few cheap textboo…

I think you might be. Most retired folks I know just end up watching TV all day. Not even "good" TV-- it's mostly game-shows and 24-hour news cycles.

If I'm anything like my parents, I don't think that's something I have to worry about. My dad is constantly buying new textbooks and trying to teach himself different types of physics. Either that, or he's designing new things to be 3D printed.

He's not retired yet but I suspect that when he is he'll find a way to keep himself entertained with stuff that isn't terrible game shows.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#55

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

That sounds exactly like it's a problem with retirement.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#57
post #38
post #29

Earlier quoted context omitted.

As a general comment, I'd like to say that getting out of the house is a hell of a lot easier when you don't have to drive everywhere to participate in daily life. So and so family member sits at home and watches TV all day is a phenomenon caused primarily by our car-centric culture which, for the elderly, is a barrier to staying healthy both mentally and physically.

Respectfully but strongly disagree. I'll argue you don't have to be a victim and can choose where you live if you plan ahead a little. There's plenty of places where a car is not necessary and even if people think a car's necessary I'm often the only one on a bicycle in many places.. It's doable if you're willing to put in the effort.

I think that suggesting that an octogenarian either uproot their life to a less car-centric place or start riding a bike everywhere is a bit unreasonable.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#58
post #16

I feel like this is less about employment and more a factor of money and engagement. You need some amount of money for good health insurance, healthier foods, lower stress, etc. You need engagement, but that could be found in volunteering and sufficiently complex hobbies. The trend seen with employment cycles might just be picking up that many people lack these.

Thanks for saying that. My dad volunteers and gets involved with social clubs. I think he'll keep doing it as long as he's able to.

BUT: I don't think it's the work / volunteering that keeps his mind, I think it's that for people like him, they stop when their mind can no longer handle it.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#59

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

That sounds exactly like it's a problem with retirement.

It sounds like a problem with a society that more or less forces people to make work their only focus for their entire lives

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#60
It reminds of my grandparents that refuse to stop working my grandma 65 and grandfather 73. My grandma has like a stand where she sells candies and coffee and for her is just a way for socializing. And my grandpa he's still trying businesses out he thinks that there is still time for him to become rich, he's still very sharp and active he currently sells car tools and he's walking everyday
Post reply on HN