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Home Publications Employment of older people in England: 2012–13

Employment of older people in England: 2012–13

Daniel Chandler and Gemma Tetlow
Briefing note

There are many reasons to be interested in the employment of older people. At a micro level, income from employment could help individuals to top up other sources of ‘retirement’ income. There is also some evidence that continuing to engage in intellectually engaging tasks (for example, through work) into older age can help to preserve cognitive functioning. At a macro level, older people make up a large and increasing share of the population and thus their labour supply fundamentally affects England’s productive capacity.


In this briefing note we use data from the Labour Force Survey (LFS) and the English Longitudinal Study of Ageing (ELSA) to describe patterns of employment and self-employment among people aged between 50 and 74 in England in 2012–13. We focus on England because, unfortunately, comparable data on the circumstances of older people in the rest of the UK are not currently available. While the LFS covers the whole of the UK, ELSA – which provides detailed information on the wealth, health and other characteristics of older people – covers only England.

 

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Report
In this report, we distinguish between factors affecting mainly the demand for older workers and those affecting mainly the supply of older workers. However, in practice, it is very difficult to disentangle the effects of the two.
Report summary
This report summary is drawn from IFS research that was carried out as part of a programme of work examining the outlook for poverty and living standards in older age.