This research echoes earlier findings that individuals over the age of 50 face a number of hurdles in finding sustainable, decent employment. Over 50s experience worse job outcomes than any other age group, with the evidence showing that job loss amongst older workers tends to be more protracted, resulting in long-term unemployment and economic inactivity. Addressing this issue is critical – lack of access to decent employment generates a negative knock-on effect on older individuals’ well-being, including their mental health, physical health, and financial security. Furthermore, businesses stand to gain from enabling the employment of older workers, with evidence demonstrating that a multigenerational workforce can benefit organisations.
ReAct Research Paper: January 2023
Improving Employment Support Programme Outcomes for over 50s
Authors: Abbie Winton and Miguel Subosa