Women Over 50 Defying “jobs recession” finds CIPD

Women over 50 defying jobs recession in CIPD report - Age, gender and the jobs recessionWomen aged over 50 are defying the “jobs recession” and finding work in greater numbers than any other age group, including their male counterparts, research by the Chartered Institute of Personnel and Development (CIPD) has found.

A massive rise in female self-employment, as well as dwindling pension income and the need to provide an income where a partner had lost his job could be behind the increase, the CIPD said.

According to the CIPD’s analysis of Government figures, women and men aged 50-64 are the only age groups to have seen a rise in employment between January 2008 and January 2012. Figures showed, however, that while 271,000 women over 50 have found work, only 3,000 men of the same age have got jobs in the last four years.

“The modern generation of 50-something women is more likely to view Madonna than Grandma Grey as a role model and the economically active older woman is well on course to be ever more prominent in British workplaces in the coming years,”

said the CIPD’s chief economic adviser, Dr John Philpott.

Jane Bennett, head of campaigns for the Forum of Private Business (FPB), said it was great to see more older women starting their own business or remaining in employment, but that young people were equally important.

“If small businesses are to thrive they need a balanced workforce, with a mix of all ages and genders,” she said.

Overall, the CIPD study — Age, gender and the jobs recession — found that unemployment among women had reached a high of 1.12 million and the number of women of all ages in full-time employment had dropped by 220,000. But this had been offset by a huge rise of women — 172,000 — starting their own business and a smaller increase in the number of women taking part-time jobs (44,000).

Although the figures did not reveal differences in employment patterns between small and large businesses, they did show that more women were occupying traditionally ‘male’ managerial and technical jobs, with fewer men in these positions. A greater proportion of men than women were, however, being employed in admin and secretarial roles, personal services and sales and customer services.

Women Over 50 Defying “jobs recession” finds CIPD

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