Official Statistics

Economic labour market status of individuals aged 50 and over, trends over time: September 2023

Statistics showing the trends over time in the economic labour market status of individuals aged 50 and over.

Documents

Data tables: Economic labour market status of individuals aged 50 and over, trends over time: September 2023

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Details

This publication details the trends over time, and comparisons with 35 to 49-year-olds, in the economic labour market status of individuals aged 50 and over.

We have refreshed the name for the Fuller Working Lives (FWL) agenda to 50 PLUS: Choices. This signals the government’s recognition of the different situations, transitions and challenges currently faced by those aged 50 and over in the labour market.

Analysis is provided on the three headline measures announced in the Fuller Working Lives (FWL) strategy 2017 that the government uses to monitor progress:

  1. Employment rate of people aged 50 years and over, by 5-year age bands and gender
  2. Average age of exit from the labour market, by gender
  3. Employment rate gap between people aged 50 to 64 and people aged 35 to 49 years, broken down by five-year age band and gender

This is an annual release, and the next release will be in September 2024.

Published 7 September 2023
Last updated 24 October 2023 + show all updates
  1. Published an updated image 12: Length of unemployment for people aged 35 to 49 years and people aged 50 to 64 years, 2023. No changes to data or other images have been made.

  2. In section 7 (Unemployment), a percentage originally published as 67.5% has been corrected to 62.5%. The relevant sentence now correctly reads: "In 2023, 62.5% of people aged 50 to 64 had been unemployed for less than 12 months, and 37.5% had been unemployed for more than 12 months (defined as being “long-term unemployed”)."

  3. First published.