Monday, 26 August 2013

The greying of the UK workforce

By 2020 a third of workers in the UK will be aged over 50 and a new TUC report highlights significant changes in the age profile of the workforce. As reported in yesterday’s Observer, the number of working Britons over 65 has tripled in 15 years with 258,000 women and 338,000 men still working past the state retirement age, compared with 93,000 and 112,000 respectively in 1998. In the same period youth unemployment increased by a corresponding amount and now stands at 973,000. The retirement age in the UK is currently 65 for men and 60 for women. By 2020, it will be raised to 66 for both men and women, and again to 67 by 2028:
http://www.theguardian.com/society/2013/aug/24/over-65s-work