Saga comments on Prime missing millions report

Wednesday 4 February 2015

Responding to today’s report from PRIME into the ‘missing millions’ Saga’s Paul Green commented:

Saga comments on Prime missing millions report

“Today's missing millions reports reinforces Saga's data over a number of years that shows that despite falling unemployment figures, over 50s are still significantly more likely to be stuck in long-term unemployment. However, there is some light at the end of the tunnel. In the latest employment figures, it showed the first fall in the number of long-term unemployed in all age groups, however there are still proportionately more over 50s in this position than younger potential workers (44.6% compared to 32.3% for under 50s). This is a thorny issue that needs to be tackled.


"We have an army of people willing, and often desperate, to work who find their experience worthless when looking for a job.  Retraining is of course important, but we also need to do more to encourage employers to take a second look at the CVs of those in long term unemployment and appreciate the lengths many are going to in order to find themselves suitable work. We believe giving tax breaks on Employers National Insurance could be just the incentive that is needed to encourage employers to get this experience back in the workplace - something that Saga will continue to call for in its Saga Generations Manifesto."



Data from the Saga Employment Report 

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