The number of over 65-year-olds in employment has reached a record level, analysis has shown.
According to data from the Labour Force Survey published by the Office for National Statistics, between April and June 2022, the number of people aged 65 and over in employment increased by a record 173,000 on the previous quarter, to reach 1.468 million – another record level.
The number of 65-year-olds and older in work stood at 1.288 million between April and June 2021 and at 1.404 million the previous quarter of 2022.
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In addition, pay as you earn (PAYE) real time information (RTI) data (which includes self-employed workers) indicated a steady rise in payrolled employees over time, apart from a drop early during the coronavirus pandemic, and an increase of 34,000 workers since January 2022, reaching 1.074 million in July 2022.
The statistics showed the change was widely driven by an uptick in people starting part-time work, as those who joined employment worked relatively few hours, which saw the average hours worked for those aged 65 and over fall in the last quarter.
The number of part-time employees between April and June 2022 increased by 85,000 (17.7 per cent) and the part-time self-employed increased by 76,000 (28.7 per cent).
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