{"id":286707,"date":"2011-03-02T12:02:45","date_gmt":"2011-03-02T12:02:45","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/02\/pension-age-workers-on-the-rise\/"},"modified":"2011-03-02T12:02:45","modified_gmt":"2011-03-02T12:02:45","slug":"pension-age-workers-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/02\/pension-age-workers-on-the-rise\/","title":{"rendered":"Pension age workers on the rise"},"content":{"rendered":"

\n \t\t
\n 2 March 2011<\/span>
\nLast updated at <\/span>07:02 ET<\/span>
\n<\/span><\/p>\n

Double the number of people aged 65 and over are working in the UK compared with a decade ago, official statistics show.<\/p>\n

A growing number of older people are working either full-time or part-time and make up a rising proportion of the total UK workforce.<\/p>\n

The trend is revealed in the Office for National Statistics’ (ONS) data on older workers at the end of 2010.<\/p>\n

Youth unemployment was at a record high during the same period.<\/p>\n

Long service<\/span><\/p>\n

In October to December 2010, there were 270,000 full-time workers in the UK aged over 65. This accounted for 2.7% of the total population in that age group. This compared with 106,000 (1.2%) in January to March 2001.<\/p>\n

In the same period, there were 600,000 people aged 65 and over who were working part-time, some 6.1% of the age group. There were 306,000 part-time workers, 3.4% of the age group, in the first three months of 2001.<\/p>\n

In total, there were 870,000 workers aged over 65 and they made up 3% of the entire UK workforce – double the proportion of the first three months of 2001.<\/p>\n

The ONS said that employment rates for the over-65s increased during the recession.<\/p>\n

Many of these workers are staying in the jobs where they already have long service, rather than finding new roles. <\/p>\n

In the three months to the end of December, 83% of the over-65s had been continuously employed by their current employer for five years or more, including 41% who had been working there for 20 years or more. <\/p>\n

Youth unemployment rose to a fresh record high in the three months to the end of December, with more than one in five 16 to 24-year-olds out of work after a rise of 66,000 to 965,000, the ONS has announced previously.<\/p>\n

The UK unemployment rate is now 7.9%, with youth unemployment running at 20.5%.<\/p>\n<\/p><\/div>\n<\/p>\n

Continued here:
\nPension age workers on the rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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