'Madonna generation’ of women aged over 50 defy jobs recession

April 19, 2012 - PRLog -- The latest work audit report by CIPD reveals that there are 271,000 (8%) more women aged 50-64 in the labour market than at the start of the recession and 200,000 (6.2%) more in work. Whereas the number of men in this age group in employment has risen by only 3,000.

Across all age groups there are 387,000 fewer men in work (a net fall of 2.4%) than in the first quarter of 2008. By contrast the number of women in work is only 8,000 (0.05%) lower.

Dr John Philpott, Chief Economic Adviser at the CIPD, comments:

“When it comes to work, older people have clearly fared better than young people during the jobs recession.  But what’s also clear is that older women have done best of all. While a combination of population ageing and fewer people wanting to retire early, either for financial reasons or because of a broader desire to prolong their working lives, is boosting the older workforce, it is older women that are getting most of the available jobs."  

For more information, please refer to the CIPD article:
http://www.cipd.co.uk/pressoffice/press-releases/Madonna-...