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New highs for numbers of people aged over 50 and aged over 65 in work

The number of people aged over 65 staying in work is at the highest figure ever at c1 miilion.

It's similar picture for the over 50s where the number employed has also reached a 32 year peak. More than 9 million people aged 50 to 74 are working. The percentage unemployed in this age group is now just 3.3%. 

People are staying working after the age at which many of their predecessors chose to 'call it a day' due to variety of factors ranging from financial necessity to the desire for daily social interaction. The prospect of years of 'pruning the roses' appears to have less attraction for baby boomers than their parents.

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