News
Middle Aged Workers are being Overlooked
13 December 2010
Two-thirds of the 350,000 jobs created this year have gone to the under-35s or people in their 50s or 60s, according to the CIPD.
This leaves workers in the 35-49 age bracket - the largest age group in the workforce comprising almost 11 million people - missing out.
The economic recovery may have bypassed them because politicians gave them less help and support than either younger or older people, said Dr John Philpott, chief economic advsier to the CIPD.
"Because middle-aged workers are at, or approaching, their peak career earnings, they may be less attractive to some employers than younger or older workers who can be employed at less cost."
The fact that such a large part of the workforce had been slow to benefit from the recovery made it easy to understand why so many people remained unconvinced that the economy was really on the up, added Dr Philpott.