Recent figures show that workers aged 65 and older will be responsible for more than half of all UK employment growth over the next 10 years and almost two-thirds of employment growth by 2060.
New ONS analysis of the changes in the UK labour composition during and after the 2008 economic crash show that over-50s made the largest contribution to post-downturn growth in total hours and now fill a third (30%) of all hours worked in the UK.
Recent ONS figures show that since June 2011 we have seen the number of people in employment increase for eight solid year. This has resulted in a record 32.2 million people in work, an increase of 3.1 million.
This review looks at the evidence around active labour market policies aimed at tackling the challenges of worklessness amongst those aged 50 and over.
A recent study by Canada Life Group Insurance suggest three out of four people plan to continue working beyond the age of 65 due to rising living costs.
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