Working beyond state pension age
The Office for National Statistics has published a report looking at those working beyond state pension age. The report, 'Older Workers in the Labour Market - 2012' includes some interesting statistics:
- The number of people of state pension age and above in employment has nearly doubled over the past two decades, from 753,000 in 1993 to 1.4 million in 2011.
- Older workers are far more likely to be self-employed than their younger counterparts: 32% compared with 13%.
- Around two-thirds of the older workers are part-time but they are generally doing this shorter role with the same employer. Eight in every 10 of older workers have been with their employer for five years or more.
- Men working later in life tend to stay on in higher skill roles while women tend to stay on in lower skill roles.
- Just over a half (51%) of older workers are in small organisations of fewer than 25 employees.
To read more access the link below.
Internet link: Office for National Statistics