“It’s clear that older workers played a massive role in getting Britain back on its feet after the economic crash ten years ago.
“Over-50s now account for nearly a third (30%) of all hours worked in the UK. Their share began rising the fastest and has increased the most compared to other age groups. Our research shows these trends are set to continue, with fewer young people starting work to replace those set to retire in the future.
“If employers want this success to continue and avoid potential skills and labour shortfalls in the coming years, they must do more to support their growing older workforce. That means bringing in flexible working, encouraging career development at all ages, and stamping out age-discrimination, particularly in recruitment processes.”
