Skip to content
Tuesday 11 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,883.20
+0.19%
DAX
26,399.79
+0.29%
CAC 40
8,730.56
+0.05%
STOXX 50
6,561.42
+0.39%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 09 November 2022 5:00 am  |  Updated:  Tuesday 08 November 2022 5:22 pm

Letters: Giving older staff a leg up

By: Morning Wire reporter

Add as a preferred source on Google
The number of Americans seeking unemployment benefits has dropped below 1m for the first time since the coronavirus pandemic began, official data today showed.

[Re: UK unemployment falls to 50 year-low amid jobs market exodus, October 11]

Economic inactivity is a growing threat to our economy. As the Centre for Ageing Better noted, Covid-19 heralded an “unprecedented number of people aged 50-64…mov(ing) out of work”, electing to live on their savings instead. If we want to solve this inactivity, relax the pressure on our labour market, and therefore ease inflationary pressures, we should consider ways to make staying in work attractive for older staff.

Historically, we have not done enough in this area. Three out of four over-50s are not offered promotions, as their career ambitions are treated as having less importance.

Ageist hiring practises, with a preference for “young blood” and skills over experience, have also discouraged this older cohort from seeking work.

Employers need to appreciate the fact that many older employees want to continue working and empower them to do so. Designing career progression into roles is one way to achieve this. At the recruitment stage, equal weighting should be given to skills and experience so older candidates who may need training are not unfairly discounted. There must also be actions taken to affect cultural change that stamps out ageism, such as including age in workplace diversity initiatives and age-diverse projects.

We have an ageing population and workforce – let’s embrace this fact to combat inactivity and help Britain to grow.

Steve Butler

Read more

‘Good growth in every postcode’? Not in Greater Manchester

Andy Burnham speaking in Manchester, showcasing leadership and urban development initiatives in the city.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion
  • Letters

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Hargreaves Lansdown orders staff back to office

  • As it happened: Intel, Arm shares slide; Oil climbs higher

More from Morning Wire

  • ‘Good growth in every postcode’? Not in Greater Manchester

    Economics
    Andy Burnham speaking in Manchester, showcasing leadership and urban development initiatives in the city.
  • Britain should look to Japan to manage its ageing population

    Opinion
    Elderly pedestrians crossing a busy street in Tokyo, illustrating Japans ageing population challenge.
  • Motor finance war of words heats up as City watchdog blasts law firm’s motives

    Legal
    The FCA has introduced new proposals to close the financial advice gap.
  • Heineken-owned pubs group faces probe over eviction threat

    Hospitality
    Hand holding a 4-pack of green Heineken beer cans with red stars and white lettering
  • If Andy Burnham really wants to help NEETs he should rule out tax rises

    Opinion
    Andy Burnham in a hi-vis vest, with other officials, during a visit to a facility.
  • Almirall Announces EMA Acceptance for Filing of Paediatric Registration of Ebglyss (Lebrikizumab) in Atopic Dermatitis in Children 6 Months and Older

    Business Wire
  • Cats musical review, Regent’s Park: Purrrfectly exquisite nonsense

    Life&Style
    Grizabella in a shaggy white costume with cat ears, performing Memory from Cats musical at Regents Park Open Air Theatre
  • Paycaptain founder: what The Savoy taught me about fintech

    Opinion
    Smiling man with light blue glasses and striped shirt in an office setting.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook