Silvers are working part time in record numbers, an analysis of figures from the Office for National Statistics. has revealed The total has risen by 12% to 3.6m since 2021 – and by 50% since 2003. It now reresents a quarter of all over-50s in work, increasing to 40% of those between 60 and 64 and 66% of over-65s. The 781,000 over 66 who are working part time is an 18% increase over the past two years. The analysis is from Rest Less, a digital community and advocate for the age group. The ONS figures show significantly more men than women aged 66 and older are now working part-time. This year;’s 426,000 iis an increase of 22% on 2021. That compares with 355,000 women – up 14% over the same period. Rest Less chief executive Stuart Lewis says “This trend highlights a paradigm shift in how we view work and retirement. Long gone are the days of the linear career path of one or two full-time roles, 9-5 for five decades followed by a sudden stop at retirement. Today the path is winding and offers more choice than ever before – both in career path and working patterns. Most midlifers today talk about ‘transitions’ rather than ‘stopping’, with many choosing more of a glide into retirement, than jumping off a cliff into the void – and research continues to show this phasing is beneficial for our health, social connections and overall well being.” With one third of the UK’s workforce now over 50, flexible and part time arrangements are essential in helping firms attract employees, he says.

Categories: