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Centre for Policy on Ageing | |
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Avoiding the demographic crunch
— labour supply and the ageing workforce | | Corporate Author | Chartered Institute of Personnel and Development - CIPD; International Longevity Centre UK - ILC-UK |
| Publisher | Chartered Institute of Personnel and Development - CIPD; International Longevity Centre UK - ILC-UK, London, June 2015 |
| Pages | 31 pp (Policy report) |
| Source | Download at: http://www.ilcuk.org.uk/index.php/publications/pub... |
| Keywords | Employment of older people ; Personnel ; Conditions of employment ; Labour economics ; Demography. |
| Annotation | This policy report predicts that, unless employers improve their recruitment, development and retention of older employees, the UK will face a shortfall of about one million workers by 2035. There are currently 9.4 million workers in the UK who are over the age of 50; and while the employment rate of older workers has increased significantly in recent years, there is still a 64 percentage point drop in the employment rate between the ages of 53 and 67. Health and social work, education and public administration are most at risk of skills shortages, because they are not only highly reliant on older workers, but also struggle more than other sectors to remain attractive places to work for older workers. The report also found that the manufacturing, construction and transport and storage sectors all have at least a third of workers aged over 50, and typically see at least a 50% fall in the number of people employed between the ages of 45-49 and 60-64. The report outlines five essential components that should form an organisation's strategy to address the ageing workforce challenges: ensuring they have inclusive recruitment practices; improving the capability of line managers; investing in training and development; supporting employee health and wellbeing; and moving towards more flexible working. (NH). |
| Accession Number | CPA-151022219 B |
| Classmark | GC: QM: WKA: WH: S8 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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