• c
  • c
  • c
  • c
  • e
  • c
  • e
  • e
  • b
  • b
  • b
  • a
  • r
  • t
  • r
  • r

July 3, 2022

GlasgowLive – DWP announces £22 million support package to help unemployed people over 50 find work

The Department for Work and Pensions has announced a new £22 million support scheme intended to help unemployed people over the age of 50.

The package will fund new measures that will help thousands of people across the UK who are over the age of 50 and unemployed. As a result, they will be given further individual support to help them find work before retirement.

As reported by the Daily Express, around one in 10 people over the age of 50 have left work over the last five years as a result of redundancies. The research was carried out by Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr).

Out of the estimated 177,000 over-50s who are made redundant each year, approximately 20,000 leave the workforce entirely. People who are older are more likely to face redundancy, with many finding the pandemic a particularly difficult period to find work.

The newly announced DWP package will target these individuals, helping them get back into work. Job centres throughout Scotland and the UK will collaborate with local employers to teach them the value of older workers.

Mid-life MOTs will also be available, which will help people considering retirement think about jobs that could increase their income based on their skills and experience.

Minister for Employment Mims Davies stated: “Older Workers are a huge asset to this country, and there are currently more than 400,000 over 50s in roles than before the pandemic. We’re increasing funding and support at every step of their journey up the career ladder, to ensure everyone gets the support they need to get into work, progress and use their experience to boost their earnings and plan for a better future.”

The news of the support package was applauded by the Centre for Ageing Better, who stated that it would help older people who tends to face greater challenges than their younger peers.

Read the full article

The site uses cookies, as explained in our cookie policy. If you agree to our use of cookies, please close this message and continue to use this site.

Accept & Close