On the 4th July the Government announced a new support package to tackle unemployment amongst the over 50s on benefits.
The new measures are set to help a quarter of all job seekers get back into work with an estimated £22 million investment.
As a stable income is the best route for people to support themselves through challenging times, Jobseekers over the age of 50 will have more one-to-one support at jobcentres. This will help them get into and progress in work, boosting their earnings ahead of retirement.
This increased support will be boosted by 37 50PLUS Champions covering every district across England, Wales and Scotland. They will work with local employers to help them realise how their recruitment could benefit from the talent of older workers.
Mid-life MOTs will also be available in jobcentres, targeting those thinking about retirement and engaging them to take stock of their skills and finances. This would then lead to them considering taking jobs that could boost their incomes based on their skills experience.
Minister for Employment, Mims Davies MP said:
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.
With the economy back on its feet and the demand for experienced staff, the advice will help older workers make the right choice for them. For those who have been out of work for nine months, the government’s Restart Scheme will provide a year of intensive support to get them back on the career ladder.
This is part of the government’s renewed focus on growing the economy and helping people find work and boost their earnings.
Source: Gov.uk