Long-term jobless fears for over-50s

UNEMPLOYED PEOPLE over the age of 50 are more than twice as likely as younger age groups to be out of work for at least two years, a new study has suggested.

One in four jobless people are over 50, according to an analysis of official data published today by Rest Less, which offers advice to older people.

As many as 20 per cent of unemployed over-50s have been out of work for at least two years, the study indicated. Unemployment levels among the over-50s from August to October rose by a third compared with the beginning of the year, said the report.

Stuart Lewis, the founder of Rest Less, said: “Our analysis clearly shows that older people out of work are more prone to long-term unemployment than other age groups in the same position. With the state pension age having risen to 66, we are particularly worried that this drift from short to long-term unemployment ultimately risks a lost generation of unemployed over-50s forced into an early retirement they neither want nor can afford.

“Too often, highly skilled workers in their 50s and 60s suffer from age discrimination in the recruitment process, often being told they are ‘over qualified’ – a concept that simply doesn’t make sense.”

A Department for Work and Pensions spokesman said experienced workers are a “huge asset to this country” and the Government’s Plan for Jobs is supporting people of all ages back into work.

He added: “We are doubling the number of frontline work coaches, offering tailored support to ensure people find a job that’s right for them and our new £2.9bn restart scheme will provide tailored support for people across the UK who have been out of work for at least 12 months. Our welfare safety net is there for people who are unable to work.”