This publication details the trends over time in the economic labour market status of individuals aged 50 and over. Analysis is provided on the three headline measures announced in the Fuller Working Lives (FWL) Strategy 2017 that the government use to monitor progress on FWL.
The UK has an ageing population and workforce, therefore, it is of growing importance to understand the economic labour market status of individuals approaching, at and above State Pension age (SPa) and how trends are changing over time.
The average age of exit has increased by 2.3 years since 1996 when it reached its lowest point at 63.0 years old.
Average Age of Exit from the Labour Market
Chosen excerpts by Job Market Monitor. Read the whole story at Economic labour market status of individuals aged 50 and over, trends over time: September 2019