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Number of mature workers hits record high & could be key to boosting economy

COULD older workers hold the key to boosting the UK’s sluggish economy?

Changing demographics mean almost a third of the UK workforce is now aged over 50.

During the past 30 years, 73 per cent of our employment growth has come from workers aged 50-plus.

Factors including the cost-of-living crisis and better opportunities mean mature staff are increasingly choosing to stay in the workplace for longer.

The latest Office for National Statistics figures show the number of over-65s in employment has hit a record high, at almost 1.5million.

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