The annual publication of data about older workers' employment position and labour market participation in the UK.
We publish the Older Workers Statistical Information Booklet every year to provide information on the labour market position of older people.
This edition contains a snapshot of Q2 (quarter 2 in 2012 and trend data for the period between 2001 and 2012. It is based on data from the Labour Force Survey.
Key points from the latest release are:
- older people are less likely to be in employment than 25- to 49-year-olds are
- the employment rate of 50- to 64-year-olds is 66% compared to 80% for 25- to 49-year-olds
- 9% of people aged 65 and over are in employment
- the employment rate for 50- to 64-year-olds has increased from 62% in 2001 to 66.1% in 2012
- the employment rate for people aged 65 and over has also increased from 5% in 2001 to around 9% in 2012
- between Q2 2008 and Q2 2012, the unemployment rate for 50- to 64-year-olds increased by 1.8 percentage points from 3.0% to 4.8%
- around 45% of unemployed people aged 50 to 64 have been unemployed for a year or more compared to 30% for 18- to 24-year-olds and 38% for 25- to 49-year-olds
Coverage: United Kingdom
Next planned release date: December 2013