In partnership with the Greater Manchester Combined Authority and the Department for Work and Pensions, we're working to improve the economic activity rate among people aged 50 to State Pension age.
Our new report finds that people in their 50s and 60s today face worse circumstances than the cohort before them, with 1 in 5 people in this age group likely to face multiple, long-term problems.
The latest ONS labour market figures show that there are 362,000 over 50s currently unemployed and over a quarter of people aged 50-64 are classed as economically inactive.
New figures from the Office for National Statistics show that the gender pay gap is around five times wider for people in their 40s and 50s compared to those aged 22-29.
Older workers who are made redundant find it harder to find alternative employment. What can employers do to promote inclusivity and age diversity in their workplace?
Employers could be missing out on the benefits of an intergenerational workforce, with the OECD finding that age diversity in the workforce could boost GDP by 19% in the next 30 years.
We know that 36% of 50-70 year olds feel at a disadvantage applying for jobs due to their age. This recruitment guide sets out five key actions to help organisations become more age-inclusive.
