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Almost a Quarter of Workers Over-55 Feel Forced to Retire

According to a new report, most people over 55 want to continue to work past the age of 65 but face barriers, believing the jobs market is closed to them and firms are less likely to employ older workers.

This article originally appeared in The Scotsman on Monday, 9th August 2021 By Alan Jones.

Nearly a quarter of over-55s felt forced to retire before they wanted to, the study suggested today.

Research also indicated that fewer than a third of employers were motivated to recruit workers aged 55 to 75.

The report, commissioned by 55/Redefined, which offers jobs advice to older people, and charity ProAge, said a third of over 55-year-olds have lost interest in their job due to lack of development opportunities.

Lyndsey Simpson, founder of 55/Redefined, said: “Our research reveals that over-55s want to work and progress but feel shut out, forced out or overlooked when it comes to their later-life careers.

“Ageism is clearly still a reality for many. At a time when we are all living and working longer, it is in all our interests to stamp out this unfair and unacceptable discrimination.

“Worryingly, our study found that age discrimination is being perpetuated by the people that control HR policy and standards. This could perhaps be an unintended consequence of focusing exclusively on other protected diversity and inclusion characteristics.”

Dominic John, from ProAge, said: “Businesses must be more age-aware, stamping out discrimination and making themselves an attractive employer for older workers to tackle talent shortages and unlock huge economic benefit of this driven and valuable workforce.”

A Government spokesman said: “Older workers are a huge asset to this country and we’re helping them to retrain, build new skills and get back into work through our multibillion-pound Plan for Jobs, including our 50 Plus: Choices Offer, the Sector-Based Work Academy Programme and our Job Entry Targeted Support scheme.”

The report was based on research among more than 450 workers and employers.