Older people set for return to work as cost of living bites pensions

Early signs of a return to work by over-60s are emerging as the labour market responds to the cost of living and the prevalence of remote working.

In December the Office for National Statistics highlighted increasing economic activity from 50 to 64 year olds, having already noted that older adults who had left paid work during the pandemic were considering returning to employment given the opportunity to work at home.

Now, recruiter Randstad UK has revealed a 160% rise in the number of over-60s registering as job candidates – a trend labelled the Great Unretirement by some.

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