This clearly demonstrates that the claims from some quarters that older people are ‘job blocking’ which leads to reduced employment opportunities for younger workers is simply not true. By making the most of the talents that all workers have to offer we gain a workforce that is balanced between fresh ideas and those that have gained a life-long set of values and experiences which has very real benefits to employers and the economy.
However, for the long term unemployed these figures will bring little comfort. Since the start of this parliament the number of people under the age of 49 in long term unemployment has decreased by 7.9% compared to only a 2% reduction in the number of over 50s in long term unemployment. This clearly shows that if people find themselves out of work as they get older, they find it much harder to get back into employment and find themselves unwillingly stuck in a spiral of long term unemployment.
Great progress is clearly being made, but it’s important that government start to tackle long term unemployment. By further incentivising employers, possibly by removing employers NI for those recruiting the long-term unemployed, could give those that want to work real prospects of getting a job and pulling themselves out of the ever decreasing spiral of unemployment”.