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Over 65’s have been hit by the fall in part-time work, according to an analysis of the latest jobs statistics.
Part time employment fell significantly from July to September, with a knock-on impact on older workers.
Office for National Statistics employment figures out today show significant changes to employment for women, young workers and part-time workers in particular. Employment for women has fallen by close to 100 thousand over the last quarter. According to the Institute for Employment Studies, this appears to be being driven by employers responding to low unemployment but continued economic uncertainty by increasing hours rather than taking on more staff.
It says this has contributed to a fall in part-time employment which is down by 160 thousand, while full-time work is up by over 100 thousand.
As women make up three quarters of those working part time but just under two-fifths of those working full time the IES says it is unsurprising that there is a knock-on impact on women in the workplace. The fall in part-time work is also likely to have contributed to a decrease in over 65s working, says the IES. Employment among this group has fallen by 50 thousand on the quarter. Unemployment has also fallen among younger workers (it is down by 100 thousand on the quarter). This is in part due to the lack of part-time work, but also to slowing recruitment, says the IES, citing a fall in vacancies, now down by 60 thousand (or 7%) on the levels reported last year. Particularly affected are those young people who are not in full-time education, work or training [NEETs].