Thursday, 14 October 2010

Unemployment: over-50s most likely to be out of work.

The number of over-50s out of work for 12 months or more remains the highest for any age group, while employment levels among the over 65s continue to rise, according to the latest official Labour Market Statistics released today.
According to the data from the Office for National Statistics (ONS), despite 38,000 more over-50s finding work between June and August 2010, 387,000 still remain out of work.

Despite the gloomy figures, the number of over 65s in full- or part-time work rose by 0.4% to an all-time high of 846,000 in the three months from June to August 2010, up by 42,000 from the previous quarter, and a rise of 89,000 from the corresponding period in 2009.

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