Article preview: The over-50s have experienced the most significant fall in annual employment rates since the 1980s. The significant fall in employment for over-50s was reported in a new study by think tank the Resolution Foundation, working with the Nuffield Foundation to explain the economic impact of the Covid-19 pandemic. According to the study, the pandemic has resulted in a “u-shaped” shock to employment in the UK, with older and younger workers impacted to a greater extent than those in the middle of the age distribution curve.
Over-50s employment takes a hit
This 458-word blog post looks at a new report from the Resolution Foundation, considering the impact of the Covid-19 pandemic on the employment rate for older workers and implications for finding fresh employment and retirement planning. Written on 27th April 2021.
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