Later life employment hits 32-year high

New data released by the Department of Work and Pensions (DWP) showed employment rates for 50-64 year-olds in 2015 were at their highest since 1984, with 8.3 million people still in work. The employment rate for the age group was 69.4%, 12.2 percentage points higher than in 1995 when it was 57.2%. For those aged 65 and over the department recorded an employment rate of 10.2%, more than double the 4.9% recorded in 2001, equating to 1.1 million people. The biggest increase in later life workers between 1995 to 2015 was seen by women aged 60-64, whose workforce increased 15 percentage...