Redundancies among over-50s ‘increase’

-

Over-50s worried about redundanciesThe recession has increased the number of employees over the age of 50 who have been made redundant, a new survey has revealed.

Between October 2008 and May 2009, there was an increase from 32 per cent to 47 per cent in the number of individuals aged 50 and over who were made redundant, The Age and Employment Network (TAEN) found.

Another trend seen during the current economic downturn is a perception of ageist attitudes. Over 70 per cent of respondents believed that their employers saw them as “too old” – this figure stood at 63 per cent before the recession.

The findings from TAEN showed that 45 per cent of individuals do not feel that age discrimination laws have helped older people find work.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Chris Ball, chief executive of TAEN, said that although legislation was introduced in 2006 to outlaw age discrimination in employment, “it has certainly not eradicated discrimination in recruitment – particularly when times are tight and where it is difficult for an individual to prove discrimination and take action”.

Business manager at TAEN Kenneth Frost previously said the recession has made reskilling and upskilling “essential” to the UK’s economy.

 

talentpagebanner

Latest news

‘Job centre in your pocket’ plan raises questions over role of AI in employment support

The government's AI-powered employment assistant has sparked debate about how technology should support jobseekers while maintaining trust.

Employers urged to spot gambling harms during World Cup

Employers are being urged to watch for gambling-related harm at work as the 2026 World Cup brings weeks of daytime matches and betting activity.

Habits for health: small changes that lead to bigger gains

From walking meetings to better sleep routines, simple habits can improve health, wellbeing and performance across the workplace.

Jeanette Wheeler: The business case for purpose-led leadership

Public scrutiny on businesses and societal expectations are putting pressure on leaders to demonstrate that purpose runs deeper than profit.
- Advertisement -

Britain’s biggest retailers cut 18,000 jobs as employment costs rise

Rising wage bills and tax costs are prompting retailers to rethink hiring as they seek savings across their operations.

Georges Elhedery on AI and job losses

“We all know generative AI will destroy certain jobs and will create new jobs.”

Must read

Chris Welford: The Performance Problem – part 2

In my last blog, I discussed some of the...

Tim Boote: The guide to interim managers – When to bring one in and hiring right first time

There has been much talk about the ‘gig economy’ – an environment in which temporary positions are common and organisations contract with independent workers for short-term engagements. However, ‘gig’ working is nothing new. Organisations have been hiring interim professionals on temporary contracts for years now, and as short-term deliverers of a service, they are well-placed to be part of the ‘gig economy’.
- Advertisement -

You might also likeRELATED
Recommended to you