Employment figures were released today and analysis of the data shows changing realities could force many early retirements unless urgent action is taken. The Labour Market Statistics showed the economic impact of coronavirus is not being shared evenly.
“The Government must invest more to ensure that ill health and caring responsibilities don’t make it even more difficult for older people to re-enter the workforce.
“Without further urgent support from the Government, a huge number of people aged over 50 will find early retirement forced on them.”
These figures will likely worry many people approaching retirement, with additional research from “No Desire to Retire” showing older workers are worried about their employment prospects in the face of a continuing pandemic.
Between January 11 – 15, the organisation conducted a survey of just under one thousand people aged 45 and over.
On this, the respondents urged Government bodies (with the DWP, BEIS or the Business Secretary being flagged) – to create communications campaigns promoting the “[commercial] benefits of older workers and…