Report: ONS Looks At Impact of Pandemic On Older Emplyment

While the impact of the coronavirus (COVID-19) pandemic has been greatest for younger workers, older workers aged 50 years and over have been affected to a greater extent than those in the middle age groups.

In December 2020 to February 2021, those employees aged 50 years and over were more likely to report working fewer hours than usual (including none) in the past week because of the coronavirus than those aged under 50 years, with those aged 65 years and over the most likely to say they had worked reduced hours.

Over a quarter of furloughed employments are people aged 50 years and over (1.3 million),  with 3 in 10 of older workers on furlough thinking there is a 50% chance or higher that they will lose their job when the scheme ends.

Older people who become unemployed are more likely to be at risk of long-term unemployment than younger people.

Read Full report here

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