The Impact of Older People’s Job Program Participation on Physical Vitality and Life Satisfaction
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초록

This study analyzed survey data on the status of 1,340 older people in the 2020 Older Job Program at Statistics Korea. We used the Heckman two-stage model. As a result of the study, several significant factors were identified in the participation in older people's job programs. First, women, old age, high earned income, unmarried status, low education level, and high cultural leisure costs are included in the participation in older people's jobs. Second, looking at the effect of job participation on the physical vitality of older people, the participants generally show higher physical vitality. In particular, men, younger age groups, individuals with excellent health status, residents outside of large cities, low earned income, and people who spent more on cultural and leisure activities while paying relatively low medical expenses have an effect. Third, analyzing the life satisfaction of older job participants over the past year revealed that those who participated in leisure activities showed higher satisfaction. In addition, cultural leisure costs were higher, health conditions were excellent, and residents outside of large cities, unmarried people, and people without religion showed higher life satisfaction. This study urges the expansion of opportunities for economic activity for older people, planning and setting job-related programs that meet individual needs, and bridging the job gap between regions. This study expands on previous research to increase understanding of the theory and validate the fact that older adults' work and employment participation has important personal, social, and economic implications. It includes a detailed analysis of the factors that influence older adults' work participation and how it affects their physical health and overall life satisfaction. The findings are expected to help shape policy and modify existing policies to create tailored jobs programs that meet the needs of older adults and address regional inequalities.

키워드

Elderly EmploymentHeckman Two-Step AnalysisLife SatisfactionParticipation in Elderly EmploymentPhysical Vitality
제목
The Impact of Older People’s Job Program Participation on Physical Vitality and Life Satisfaction
저자
Ko, AraLee, Young-Min
발행일
2025-07
유형
Article
저널명
Review of Integrative Business and Economics Research
14
3
페이지
322 ~ 335