2 OCT 2023
The economic inactivity of individuals aged between 50 and 64 is becoming a serious concern in the UK, especially in the northern regions. A staggering 1 million people from this age bracket are currently out of the workforce. But why?
Why are Over-50s Not Returning to Work?
Despite the apparent benefits of having experienced older workers in the workforce, there's been a marked increase in the number of over-50s from cities like Newcastle, Leeds, Liverpool, and Sheffield who have not rejoined the workforce since the Covid lockdowns. Two primary reasons have been identified:
However, Age UK suggests that there’s a willingness to work among this group. Many, especially women nearing their 60s, would gladly return to work if given a chance. Unfortunately, challenges like redundancy, early forced retirement, and health issues keep them away.
The Reality for Many Over-50s
A vast majority of the unemployed over-50s hail from ‘Red-Wall’ towns that have been hit hard by de-industrialisation. These blue-collar workers have been left behind by globalisation and automation, with many rendered obsolete in the job market. Activities that once brought joy, like football, are now juxtaposed with less constructive habits, like afternoon drinking.
Moreover, their geographical locations and the poor public transport networks further alienate them from employment opportunities, even if they exist nearby. The digital era, which favours tech-savvy young adults, poses an additional challenge. As educationalist Robin Simmons points out, many of these older workers, especially from former coalfield communities, are trapped in cycles of deprivation.
A Rampant Age Discrimination
Ageism is shockingly prevalent in the UK job market. For instance, women over 50 are a whopping 25 times less likely to be called for a job interview than their younger counterparts. This discrimination exists despite evidence suggesting that older workers are just as adaptable, if not more reliable, than their younger colleagues.
Government Intervention
Although the national policy regarding the 50+ demographic is still taking shape in post-Brexit Britain, local authorities are stepping up. Initiatives like the Shared Prosperity Fund aim to support the ‘economically inactive.’ Places like Newcastle are exploring collaborations to support this age group in maintaining or accessing jobs.
A Potential Solution
Drawing inspiration from the New Labour model of 2008, a "New Deal for Over-50s" is proposed. This initiative, along with a reinforced adult education system, might provide the support and resources necessary for older workers to reintegrate into the job market. For meaningful change, the UK needs to look towards countries like Sweden, where older worker employment rates are more favourable.
In conclusion, if we aim for a diverse workplace age-wise, it's crucial to revisit and appreciate the value older workers bring. They need more robust legal protections against ageism and a recognition of their invaluable experience and skills. In the North and everywhere else, the message should be loud and clear: age is just a number.