Older workers in the UK are more likely than younger employees to feel under utilised, research has found. More than one third say they have skills that could be used in more demanding roles. And although they are less worried than other age groups about losing their jobs they are far more pessimistic that they could find work of equivalent quality if they do. Half of over-50s believe it would be difficult or very difficult to secure a similar role if they became unemployed – compared with just a quarter of 18–24 year olds. The figures emerge from “Lifelong learning in the reskilling era – from luxury to necessity” a new report by the Chartered Institute for Personnel and Development (CIPD). It says while there is growing evidence that older workers are not just staying in the labour market but are increasingly integral to it, these figures “paint a stark picture”. As workers age, they face growing barriers to changing jobs, career progression and continued development. “This not only undermines individual well being and financial security, but also limits the productivity and resilience of the wider economy.”
Categories:
