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Older jobseekers are developing new skills to get back in the workplace
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REDUNDANCIES among the over-50s have soared in the past year, according to a study released today, leading to calls for the age group to receive targeted support.
There were 107,000 over-50s made redundant between last November and January 2021 an increase of more than 70,500, or 195 per cent, research found.
Redundancy levels in the UK have fallen from their peak, but the decline has been slowest among the over-50s, said campaign group Rest Less, which gives advice and help to older people.
The redundancy rate among the over-50s is now higher than all other age groups at 12.8 per 1,000 employees, said the report.