DWP publishes statistical information about older workersThursday, January 13th, 2011
On 11 January, the Department for Work and Pensions published Older Workers Statistical Information Booklet. Older workers in this context are those aged 50 to 64. The key findings are:
There are 21.0 million people aged 50 and over in the UK. Of these 11.2 million are “older workers”, i.e. aged between 50 and 64, accounting for 28.0% of people age 16-64.
- 64.5% of older workers are in employment. This is lower than the employment rate for people aged 25 to 49 (80.0%) but higher than for those age 16-24 (50.9%).
- Over the last two years, older workers have been negatively affected by the recession. There has been a 1.1 percentage point drop in the employment rate and a 1.9 percentage point rise in the ILO unemployment rate*.
- ILO unemployment* is lower among older workers (4.9%) compared to those younger than 50 (8.9%).
- Older workers are more likely to be long-term unemployed. 44.0% of unemployed older workers have been unemployed for longer than one year, compared with 30.6% of those under 50.
- Older workers are more likely to work part-time than their younger counter parts, i.e. 28.1% in the case of older workers compared with 21.9% for 25-49 year olds.
- Older workers have spent on average 13.7 years in their current employment, compared with those below 50 with an average of 6.3 years.
- Older workers have a high number of people with no qualifications. 17.7% of older workers report themselves as having no qualifications, compared with 8.6% of those under 50.
- Inactivity rates among older workers are higher than among those below 50. 32.2% of older workers are inactive compared to 20.4% of those below 50.
- Of those claiming Incapacity Benefit or Severe Disablement Allowance, 48.5% are older workers.
* The ILO unemployment rate is measured by the monthly Labour Force Survey and covers persons who are unemployed and either actively looking for a job, or waiting to start a job in the next two weeks.