Over 50s workforce: The area with biggest rise in over 50s struggling to find work | Personal Finance | Finance

The Participation Gap report, published by the Learning and Work Institute found that out of 10 countries studied, the UK is the only country analysed to see significant falls in economic activity rates for people aged 55 to 64.

According to the report, rates have virtually reverted back to pre-pandemic levels in Germany, Italy, the US and Canada, for instance, and have risen in Spain, the Netherlands, Japan and Australia.

Stephen Evans, the author of the report, said: “We currently have crunches in recruitment and labour market participation.