50% of unemployed men aged 50+ are out of work for at least a year

Lewis concluded: “The long-term unemployment of any group of individuals is bad news for everyone. We’d like to see the government provide more targeted support, retraining and career re-entry points to unemployed workers in their 50s and 60s.”

Emily Andrews, Deputy Director for Evidence at the Centre for Ageing Better, said: “The shape of the post-pandemic employment crisis is now clear, and it’s the over 50s
who are hardest hit, suffering the consequence of an ageist labour market.

‘Following many years of growth, the employment rate among 50-64s is now falling. As well as those who are now unemployed, we are seeing large numbers who are leaving the workforce altogether.

‘But, the large investment made in the Plan for Jobs gives the Government a huge opportunity to ensure that 50+ jobseekers are provided with tailored, individualised support from trained advisors.

‘Now is the time for DWP to ensure it is tackling the biggest problem it faces; by setting high service standards for 50+ clients, encouraging innovative practice among their providers, and gathering robust data on effective practice so that future generations can reap the benefits.

‘In an increasingly tight labour market, seeing more over 50s in the labour market is a win for everyone.”

-Ends-

Notes to Editors
*Rest Less’s analysis is based on Labour Market data issued by the Office of National Statistics in January 2022 covering the period September to November.

**The Office of National Statistics defines long-term unemployment as being unemployed for at least 12 months

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About Rest Less
Rest Less (restless.co.uk) launched in early 2019 and is a digital community for people in their 50s, 60s and beyond. Rest Less is on a mission to help its members get more out of life and offers content guidance and resources on topics spanning Jobs and Careers, Volunteering, Learning, Money, Health and Lifestyle and Dating.

Author: wpadmin

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