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February 15, 2021
Last modified on Mon 15 Feb 2021 16.42 EST It may not appear the most auspicious time to start a business. Britain has been in lockdown for five of the past 11 months. The economy shrank almost 10% last year. Unemployment is skyrocketing. But Lucie Halley-Trotter is undeterred. This year she launched her first company, an ethical, sustainable fashion brand, EYO, that takes recycled ocean and landfill waste and remakes it into sportswear. âIâve had a lot of stern warnings from people s...
February 4, 2021
“If I retire earlier than the state pension age and then my husband loses his job, it would be a catastrophe,” she added. “I know there are things like universal credit but we’ve never had to lean on government support before and I’m not sure that my husband would even entertain the idea.” Since the Equality Act 2010 made it illegal to discriminate against someone based on age, employment rates among people aged 50-plus have steadily risen. Before the pandemic, rates had reached a h...
January 28, 2021
Rethinking IT recruitment IT job applications tend to look for skills in particular technologies, but for some tech roles, life skills and worldly experience are equally important Share this item with your network: By Published: 28 Jan 2021 15:03 According to the Office for National Statistics, the UK unemployment rate in the three months to November 2020 was estimated at 5%. The data shows that 828,000 jobs have been lost since the pandemic began, with almost half of those workers aged ov...
January 25, 2021
Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Pension assets can be accessed from the age of 55 under current rules, with this set to rise t...
January 20, 2021
STATE PENSION age campaign group Women Again State Pension Inequality (WASPI) has spoken of the fresh challenges some women are currently facing, following the state pension age changes for women.
January 18, 2021
Older people more than twice as likely to be unemployed for two years or longer if they lose job
January 18, 2021
Jobs applications during December lowest in five years Consumer confidence is the highest it has been since March 2020. The number of people applying for jobs in December was the lowest it had been in five years, despite the current unemployment rate. Just 2.2 million job applications were made last month, down just more than a third (34%) when compared with the same time in 2019, according to jobs site Broadbean Technology. The job board said the change could be explained ...
December 28, 2020
THE gender pay gap increases with age and is at its widest for the over-50s, new research suggests. An analysis of official data indicates that the median annual salary of women working full time in their 50s is 23 per cent less than for men in the same age group. Women in their 60s are paid 25 per cent less, the report by Rest Less, which offers help and advice to over-50s, found. The study indicates that the median annual salary of a woman in a full-time job this year was just under £28,000,...
December 27, 2020
Last modified on Sun 27 Dec 2020 23.37 EST Women over 50 in the UK are paid almost £8,000 a year less than men, according to research revealing that the collapse of retailers during the pandemic has hit women much harder than men. An analysis of official data found that the median annual salary of women working full-time in their 50s was 23% less than that of men in the same age group, according to a report by Rest Less, a company that offers help and advice to people over 50. Women in their...
December 16, 2020
Second wave of older worker job losses forecast for December after tighter Covid restrictions 16 December 2020 • 6:00am More than 106,000 over-50s fell into unemployment in the autumn as redundancies rocketed for older workers and forced tens of thousands into early retirement and poverty. Unemployment figures for those aged between 50 and 64 rose to 378,000 after another 99,000 were pushed out of work between from August and the end of October, according to the Office for National Statisti...