A Simple Solution for Increasing GDP

In the UK and globally we have an ageing population, with people working and living longer, mainly due to healthier and more active lives. In the last 10 years the number of employed over-65s in the UK has increased by 71% to 1.31 million. In the next 10 years it is expected that over-65s will equate to more than half of the employment growth in the UK. The number of people over 55 in OECD countries (the Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries) will grow to 538 million by 2050, an increase of 50% from 2015. Despite improved health in the older generation, this growth will undoubtedly have an impact on health and social care services and pensions. But it also brings opportunities for employers.

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