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Older Female Employment Rate to Overtake Men

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Women in their late sixties could have a higher employment rate than men of the same age by the 2020s, says an Institute for Fiscal Studies survey.

Employment rates for women in their late sixties are already at their highest level in 40 years.

That trend is likely to accelerate and the female rate could overtake that of men in the early 2020s, the IFS said.

A rise in the state pension age and increasing health levels are the main reasons for the trend, the IFS said.

‘Further and faster’

Its study looked at demographic and financial factors affecting people aged 65 and over in England up to 2022-23.

By 2022-23 the proportion of women aged 65 to 69 in work could reach 37%, up from 16% in 2010-11 and 8% in 2000, the IFS said.

Meanwhile, the percentage of employed men in this age group could rise from 29% to 33% over the same period.

SOURCE: bbc.co.uk