Thursday, 19 April 2012

'Madonna generation' of women aged over 50 defy jobs recession

In its latest Work Audit report, published yesterday, the Chartered Institute of Personnel and Development (CIPD) looks at how the jobs recession that began in 2008 has affected men and women across the age spectrum:

The report Age, gender and the jobs recession, which is based on official statistics from the Labour Force Survey, finds:

• There are 271,000 (8%) more women aged 50-64 in the labour market than at the start of the recession and 200,000 (6.2%) more in work. The number of men in this age group in employment has risen by only 3,000.

• Women aged 50-64, and men and women aged 65 and over are the only age groups to have registered an increase in both the number in work and employment rates since the start of the jobs recession and have also registered the smallest increases in unemployment.

• People aged 25-34 are the only other age group to see a rise in employment over the course of the jobs recession, with the number in work increasing by 249,000 (4%), much of the increase likely to be due to inward migration.

• Across all age groups there are 387,000 fewer men in work (a net fall of 2.4%) than in the first quarter of 2008. By contrast the number of women in work is only 8,000 (0.05%) lower. 
Read the full report and gain access to downloads on the CIPD website. 
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