Table 2
Cumulative probabilities of permanent retirementNote 1 before age 62, by ER unemployment rate, sex and birth cohort, full models Note 2

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Table 2 Cumulative probabilities of permanent retirement before age 62, by ER unemployment rate, sex and birth cohort, full models
Table summary
This table displays the results of Table 2 Cumulative probabilities of permanent retirement before age 62 1941, 1942, 1943, 1944, 1945 and 1946 (appearing as column headers).
  1941 1942 1943 1944 1945 1946
Predicted probabilitiesNote 4 (percentage)
ER unemployment rateNote 3  
Men  
Low 37.5 32.9 30.8 32.4 29.3 32.3
Moderate 41.1 37.0 34.1 37.7 31.2 33.1
High 48.5 45.4 41.3 29.3 35.1 34.5
Women  
Low 53.3 51.7 43.9 46.2 44.3 42.9
Moderate 60.8 59.3 50.4 50.6 48.3 45.8
High 74.5 73.6 63.6 59.7 56.9 51.6
Note 1.

1. A strict definition of retirement requiring retirement from the labour force for a minimum of four years has been adopted here.

Return to note 1 referrer

Note 2.

In addition to age and the unemployment rate of the ER of residence, full models include living arrangements, disability (as shown by a claim for the disability tax credit), collection of employment insurance benefits during the year, unionization, an indicator of self-employment during the year (yes or no), socioeconomic status (as measured by an individual's cumulative personal income between 1982 and 1991) and the number of years of having contributed to a pension plan. A total of 12 models were estimated (i.e., one complex model for each sex for each of the six cohorts born between 1941 and 1946).

Return to note 2 referrer

Note 3.

Although this table presents cumulative probabilities for unemployment rate levels (low, moderate and high), these probabilities were estimated on the basis of a survival model that includes a continuous unemployment rate variable. For more information, see "Data sources, definitions and method".

Return to note 3 referrer

Note 4.

All probabilities in the table are significant at the 5% level or under, except for the 1946 cohort of men.

Return to note 4 referrer

Note: ER stands for economic region.
Source: Statistics Canada, Longitudinal Administrative Databank (LAD), 1991 to 2011.
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