Older Workers Returning to the Labour Market Amid Cost of Living Crisis

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The number of over-50s either in work or looking for work has reached pre-pandemic levels, new research has revealed, with more than one in 10 retirees saying they would consider going back to work because of the increased cost of living. Men aged 65 and over were responsible for the biggest rise, with an 8.5 per cent increase in one year, and a 6.8 per cent increase for women over 65. This compares to a 0.13 per cent increase for those aged 50 to 64, according to analysis by Rest Less. Click here for more from People Management and here for similar analysis of the ONS labour market statistics from the Resolution Foundation.