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Record numbers of Britons are putting off retirement with half a million over-70s still in work

Almost half a million Britons over 70 are in full or part-time work – an increase of 285,000 over the past ten years
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Record numbers of Britons are putting off retirement with half a million over-70s still in work amid labour shortages and Brexit uncertainty

  • There has been an increase of 285,000 workers over 70 over the past ten years
  • Experts said the trend was driven partially by skills shortages
  • Figures mean almost one in 12 people in their 70s are working, compared with one in 22 a decade ago 

Record numbers of over-70s are deciding to put off retirement, a study suggests.

Almost half a million Britons over 70 are in full or part-time work – an increase of 285,000 over the past ten years.

The figures mean almost one in 12 people in their 70s are working, compared with one in 22 a decade ago.

Experts said the trend, identified in a survey by jobs website Rest Less, was driven partially by skills shortages.

Almost half a million Britons over 70 are in full or part-time work – an increase of 285,000 over the past ten years

Patrick Thomson, from the Centre for Ageing Better, said: ‘With fewer younger people starting work to replace those set to retire in future years, uncertainty over Brexit, and worsening skills and labour shortages, it’s vital that employers wake up and adopt age-friendly practices like flexible working to enable people to work for as long as they want.

‘The face of Britain’s workforce is changing dramatically. We can’t afford to ignore our older workers.’

Stuart Lewis, of Rest Less, said: ‘While we know that the over-50s have been the driving force behind the UK’s employment growth, our analysis shows the hard work and significant economic contribution made by the rapidly growing numbers of over-70s in the workplace.

‘Gone are the days of working hard five days a week for four and a half decades before suddenly stopping. We can see that part-time work is growing in popularity among the over-70s, both male and female.’

Patrick Thomson, from the Centre for Ageing Better, said: ‘The face of Britain’s workforce is changing dramatically. We can’t afford to ignore our older workers’

Patrick Thomson, from the Centre for Ageing Better, said: ‘The face of Britain’s workforce is changing dramatically. We can’t afford to ignore our older workers’

 



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