The Office for National Statistics has published a report looking at those working beyond state pension age. The report, ‘Older Workers in the Labour Market – 2012’ includes some interesting statistics:
The number of people of state pension age and above in employment has nearly doubled over the past two decades, from 753,000 in 1993 to 1.4 million in 2011.
Older workers are far more likely to be self-employed than their younger counterparts: 32% compared with 13%.
Around two-thirds of the older workers are part-time but they are generally doing this shorter role with the same employer. Eight in every 10 of older workers have been with their employer for five years or more.
Men working later in life tend to stay on in higher skill roles while women tend to stay on in lower skill roles.
Just over a half (51%) of older workers are in small organisations of fewer than 25 employees.