The number of over 70-year-olds who are working has increased to almost half a million, new research suggests.
The 6% increase in the past year indicates that employment among the older age group has started to recover from its Covid-related slump, said financial advisers Salisbury House Wealth.
Its study found that at the beginning of the pandemic, the number of over-70s in employment dropped as older workers shielded.
Older workers tend to be employed in sectors where remote working would not have been possible, such as retail and health and social work, according to the report.
Tim Holmes, managing director at Salisbury House Wealth, said: “Being forced to shield during the pandemic was a huge setback for over-70s who relied on working to top up their retirement income.
“Some older workers remain in the workforce by choice, particularly to remain connected to the community. However, for others, it will be a necessity to boost their pension pots.”
For more stories from where you live, visit InYourArea.
