The over-50s & 60s employment boom

How employees in their over-50s are changing our current and future employment landscape…

Did you know that…

  • Professionals in their 50s and 60s are largely driving the nation’s record employment?
  • 76% of ‘eligible’ job candidates are currently working.
  • More than 80% of new UK roles were filled by employees aged over 50 ‘in the past year up to April’.
  • The number of professionals aged over 65 also increased by 80,000 people within this period.
  • Furthermore, the over-50s group may become the largest working demographic by 2030. 1/3 of employees will already be a part of this group by 2025.
  • More than 8% of people in their 70s are still working, which is significantly more than a decade ago.

Are there enough opportunities for the over-50s employee?

Although the above all sounds highly positive, the demographic is still experiencing challenges.

  • 41% of people aged over 50 say there is a ‘lack of opportunity’ to progress with their current employer.
  • 34% do not know what is required of them to receive a promotion.
  • And 1/5 of this group attributes a ‘lack of training’ to their limited career growth.

These are concerning findings. Especially as both reports suggest older employees could help overcome the national skills shortage.

There are a number of industries that express increased confidence and greater opportunities for respondents.

Also in the news…

Looking for a role that better suits your skills and experience? Visit our jobs page. For further recruitment support, please call the office on 01225 313130. 



Is it your dream job?

Thinking back to your childhood, and more specifically age 5, what was your dream job? This formed the basis of a viral tweet at the start of this year. So viral, it even made its way into the Independent along with some of its more imaginative(/obscure!) responses.

How about in adulthood – have you made it into your dream job yet?

Even those who dreamed of more realistic roles are likely to respond with a ‘no’ to this question. After all, only 5% of UK adults say they’re in their ideal job. Career barriers appear to include:

  • Concerns regarding financial security
  • ‘Embarrassment’ about starting from scratch
  • Worries that family and friends won’t support your choices
  • Perceived ‘age barriers’
  • And low confidence

What are the UK’s ‘best jobs’?

Experience suggests the response to this question would be highly individual and we’ll each have our own measurement criteria. However, Glassdoor believes the ideal role comprises a combination of three elements

  1. Potential earnings
  2. Job satisfaction
  3. The number of job vacancies

Perhaps even more interestingly, they also say they’ve uncovered the UK’s 25 ‘best jobs’. 15 of which feature the same word…’Manager’.

You can find the full list here, alongside their median base salaries and job satisfaction rankings.

Fantastic news for managers. But what if your dream job doesn’t include management?

Again, let’s remember just how individual our career choices really are. Not everyone longs to manage departments and/or teams and some would rather do anything but this!

Even some existing managers don’t feel suited to their roles. Such as this contributor to The Muse’s career advice column.

The advice that follows is fantastic and largely centres around growing your expertise so that you can achieve career growth without having to follow a set management path.

Identifying your goals:

Perhaps this is the time to question what matters most to you. What are the top three things that you would prioritise in your next job role? Have you got a dream job? And what would career progression look like to you?

Remember to share your thoughts with your recruitment consultant – the more they know about your career goals the better. Be sure to also keep an eye on our jobs page so that you gain more of an insight into what’s out there and what really appeals to you.