Unemployment risk rising for over 50s

Covid-related redundancy

John Brazier
clock • 1 min read

Punter Southall Aspire chief executive highlights requirement for more middle career reviews

The ongoing Covid-19 pandemic is placing adults over 50 at a higher risk of unemployment and putting employers under pressure to consider the mid-to-long term prospects of their employees. According to figures from the Office of National Statistics (ONS), published in November, unemployment among people over 50 has increased by one-third year-on-year as the pandemic continues to shrink the UK economy. Data published by the ONS in January this year also found that employment levels for people over 65 had fallen by 7% (343,000) year-on-year as of December last year. Steve Butler, chi...

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