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Unemployment in the over 50s. Researching high profile jobs. Experience Works Promoting Age Diversity Project Statistics 1 st Case Study 2 nd Case Study 3 rd Case Study Current statistics Conclusion. Unemployment in the over 50s.

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unemployment in the over 50s

Unemployment in the over 50s

Researching high profile jobs

unemployment in the over 50s1

Experience Works

  • Promoting Age Diversity
  • Project Statistics
  • 1st Case Study
  • 2nd Case Study
  • 3rd Case Study
  • Current statistics
  • Conclusion
Unemployment in the over 50s
experience works

Experience Works Project co-funded until 2012 by European Social Funds & London Councils.

  • Support mature jobseekers find work, take up training or become self employed.
  • Limited to 96 jobseekers in target boroughs.
Experience Works
promoting age diversity

Phone & Online support for the 50 plus Jobseekers in the UK.

  • 2-year grant by the Trust for London; the largest charitable funder of anti-poverty projects in the Capital.
  • Promote the benefits of Age diversity and the use of older workers in the work place.
Promoting Age Diversity
project statistics

55% of EWs clients have been in Professional or managerial jobs.

  • 63% have made redundant in the last 5 years.
  • 98% expect less pay than previous jobs.
  • 86% feel that their age is major factor in not getting re-employment.
Project Statistics
1 st case study

Mr. M; 50 years old.

  • Made redundant in 2008.
  • Joined the EWs programme in July 2010.
  • Last job was Senior Technical Account Manager on £45k.
  • Have 25 years experience in national & international project Management.
  • On average 20 job applications p/k with £25 – £35k pay.
  • 3 replies in the last 2 months & 2 interviews since made redundant.
  • Currently looking for jobs overseas.
1st Case Study
2 nd case study

Mr. D, 53 years old

  • Made redundant in December 2010.
  • Joined EWs January 2011.
  • Last job was Sales Manager/ Engineer on £40k
  • Have 20 experience in overseas account management.
  • On average 30 job applications per week; ranging from field to general sales jobs with £20k – £30k pay.
  • 1 interview in the last 3 months.
  • Currently looking to get an A1 Assessor qualification in Sales & Marketing.
2nd Case Study
3 rd case study

Mr. R; 54 years old.

  • Made redundant January 2009.
  • Joined EWs programme September 2010.
  • Last job was Data Communication Analyst on £50k.
  • On average 15 job applications per week with £30k - £35K pay.
  • 2 interviews in the last 6 months.
  • Currently on Job Seekers Allowance.
3rd Case Study
current statistics

Redundancy;

  • In 2010, 26.53% of the UK’s redundancies have been aged over 50.
  • The highest point in the last 10 years.
  • Redundancy rate in the public sector is much higher than the national average, with 57% in London Borough councils being over 50.
Current Statistics
current statistics1

Reemployment;

  • In 2010, 16.59% of over 50s found reemployment.
  • Up 0.21% from the previous year.
  • Down 5.67% from its highest point in the last 10 years.
  • Pay; 50-59 year olds earn on average less than £28,356 per year; compared to 30-39 and 40-49 year olds on £29,004 and £30,443 respectively.
Current Statistics
conclusion

In 2010, 25.85% of the UK’s workforce was made up of over 50s; the highest in the last 10 years.

  • Contrary to the significant increase in jobs vacancies between 2009-2010, 3.75%, reemployment for the over 50s is down by 5.67%.
  • The number of age discrimination cases brought to tribunal has risen by a third in the past year.
  • Good News;After 1 October 2011, employers will no longer be able to use the default retirement age (DRA) to compulsorily retire employees.
Conclusion
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