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Later life working - UK

There are currently 1.3 million people working beyond state pension age, 500,000 more than there were 10 years ago.
DWP 2008

Of those working beyond retirement age, the majority work part-time. In 2008, 7% of men and 9% of women over state pension age were in part-time employment.
ONS 2008

In 2007, 31% of employees reaching 65 requested to postpone their retirement, 81% of which were granted.
CBI 2008

The motivations to remain in employment past retirement age are varied. A Department for Work and Pensions survey found that money was the major cause, cited by 63% of people, whilst 57% said that they enjoyed their jobs and 38% said that working helped to keep their mind active.
DWP 2008

Surveys show that 56% of people aged 50-65 plan to continue working beyond state pension age, the majority citing that they did not believe they could live comfortably in retirement otherwise.
Aegon 2008

72.4% of those aged 50-SPA are in employment. This is lower than the employment rate for people aged 25 to 49 (81.9%) but higher than for those age 16-24 (57.7%).
DWP - Older workers statistics Q2 2008

People aged 50-SPA have spent on average 13.2 years in their current employment, compared with those below 50 with an average of 4.5 years.
DWP - Older workers statistics Q2 2008

50-SPA group has a high level of people with no qualifications. 18.64% those aged 50-SPA report no qualifications, compared with 10.2% of those under 50.
DWP - Older workers statistics Q2 2008

People aged 50-SPA are more likely to be long-term unemployed. 39.7% of those unemployed aged 50-SPA compared with 22.9% of those under 50. Inactivity rates of those aged 50-SPA are higher than that of those below 50. 25.3% of the 50-SPA age group are inactive compared to 19.6% of those below 50. Of those claiming Incapacity Benefit (IB) or Severe Disablement Allowance (SDA) 46.2% are aged over 50.
DWP - Older workers statistics Q2 2008

The employment rate for those aged 16-24 years-old has fallen from 61.6% in 1997 to 57.7% in 2008. Meanwhile the employment rate for those aged 50-59/64 has risen from 64.9% in 1997 to 72.4% in 2008. Similarly the employment rate for those at SPA has risen from 8% in 1997 to 11.8% in 2008.
DWP - Older workers statistics Q2 2008

The economic inactivity rate for those aged 16-24 years-old has risen from 28.5% in 1997 to 34.8% in 2008. Meanwhile the economic activity rate for those aged 50-59/65 has fallen from 31.2% in 1997 to 25.3% in 2008. Similarly the economic inactivity rate for those at SPA had fallen from 91.9% to 88%.
DWP - Older workers statistics Q2 2008