Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Tuesday 15 August 2023 4:39 pm

Over-50s skills gap persists as unemployment increases

By: Jessica Frank-Keyes and City PM reporter

Add as a preferred source on Google
UK Hospitality Suffers Skills Shortage
In the space of two months, optimism about the UK economy has plunged from 22 per cent to minus one per cent, according to the Institute of Directors (Photo by Rob Pinney/Getty Images)

Skills bootcamps schemes are failing to get over-50s back onto payrolls, despite ministers prioritising older Brits returning to the workforce.

Labour accused the government of not helping enough over-55s to retrain and claimed older workers were “abandoned to the scrapheap”, making up just one in 20 reskilling trainees.

Adults aged 55 to 67 make up just five per cent of attendees of free 16-week skills camps, but represent a quarter of England’s working age population, government data has shown.

It comes as the rate of UK joblessness rose 4.2 per cent across April to June, per official figures, while a record annual pay growth rise of 7.8 per cent fuelled wage-price spiral fears, despite an expected fall in the rate of inflation slated for tomorrow (Wednesday).

Shadow work and pensions secretary, Jonathan Ashworth, said: “Thousands of people in their 50s are out of work but desperate to find a good job and need help with re-skilling.”

‘Pure hypocrisy?’

The opposition MP said a Labour government would “get Britain working again” and added: “People in their 50s have talents and experience that our economy needs.” 

But skills minister Robert Halfon hit back, insisting the criticism was “pure hypocrisy” from Sir Keir Starmer’s party due to the lower proportion of over-50s in work in Labour-run Wales.

Read more

Jobs crisis: UK unemployment to hit highest level in a decade

London office workers collaborating on AI and tech projects, surrounded by computers and digital interfaces in a modern wo...

“We are delivering our comprehensive plan to get over-50s into work with almost 2m more over-50s in work since Labour left office in 2010,” the Conservative minister added.

“Labour are just shouting from the side lines.”

Employment down

Skills bootcamps, which teach new sector-specific skills in jobs including healthcare, lorry driving, construction and creative industries, include a fast-track to a job interview.

Government figures state 15 per cent of skills camp attendees are aged between 45 and 54, indicating that 80 per cent are aged under 45.

Halfon said the scheme was “rapidly expanding” and more places would become available for over 50s to benefit, as the government aims to encourage older people back into jobs, with £70m for similar schemes announced in the spring so-called ‘back to work budget’. 

However, the Office for National Statistics said the employment rate for 50 to 64-year-olds was 71.3 per cent in March-May 2023, down from 72.6 per cent in early 2020.

Read more

One in three defence firms ‘can’t find graduates to hire’ 

Oxford University spinouts showcasing innovation and entrepreneurship in a business setting

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Labour Party
  • Manufacturing sector
  • Skills shortage
  • UK jobs
  • UK jobs, employment and wages

Trending Articles

  • Frank McCourt-backed Professional Jumping League raises £37m from first team sale

  • Streeting tax policies could cost the Treasury nearly £8bn

  • AI data centre race reaches rural Devon as Xlinks eyes £3.6bn campus

  • ‘Anti-growth’: Labour blocks Canada skyscraper plans

  • Is Andy Burnham a left-wing Liz Truss?

More from City PM

  • Jobs crisis: UK unemployment to hit highest level in a decade

    Business
    London office workers collaborating on AI and tech projects, surrounded by computers and digital interfaces in a modern wo...
  • One in three defence firms ‘can’t find graduates to hire’ 

    Industrials
    Oxford University spinouts showcasing innovation and entrepreneurship in a business setting
  • Adobe and LinkedIn target AI skills gap in marketing roles

    Tech
    Office for National Statistics
  • Late payments costing UK economy £11bn as SMEs struggle to invest

    Business
    Canada skyline featuring iconic skyscrapers and modern architecture against a clear blue sky
  • HMRC has been overtaxing pensioners for a decade- have you been affected?

    Personal Finance
    HMRC overcharged pensioners thousands
  • Delaying estate planning could cost affluent Brits over £12bn

    Personal Finance
    Reeves is reportedly considering a range of property taxes
  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    Economics
    Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.
  • Government should fix ‘stubbornly weak’ growth with policy test, industry body argues

    Business
    Keanu Reeves looking contemplative, highlighting his expressive face, suitable for a news article on his recent film project.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy