The Government has announced an extension of the Self-Employment Income Support Scheme...read more
Over a million people over 50 have been pushed out of the labour market and are struggling to get back into work, according to a new report by Business in the Community.
They are also more likely to remain out of work once they lose a job and if they want to find new employment they have to rely on their own resources and networks.
The Missing million: Pathways back into employment report finds that the over 50s continue to face age discrimination and they are increasingly having to start their own businesses or go into unpaid work, when they would prefer to do otherwise.
Business and official support services have a crucial role to play in helping the over 50s become active members of the workforce and the report, the second in a series being produced by Business in the Community around age and intergenerational workplaces, makes a number of recommendations and highlights the importance of flexible working for this age group.
It says, for instance, that employers can help to ensure that traditional positions of employment are made available to older people when they look for work. It adds that offical support services should prepare older people for work and connect them with appropriate job opportunities.
BITC says: “Our mission is to make sure that that business benefits from the enormous ambition, experience and skills that older people bring to the labour market.”