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Patrick Thomson, Head of Research Analysis and Policy, Standard Life Centre for the Future of Retirement, comments on the government’s Industrial Strategy "Our new analysis shows that over-50s make up almost a third of the workforce in the key sectors identified by the government in its Industrial Strategy and in some, the share is far higher
Patrick Thomson, Head of Research Analysis and Policy at the Standard Life Centre for the Future of Retirement, said: “Most of the workers who will determine the success of the UK’s Industrial Strategy are already part of the workforce.Our economic future, driven by these high-growth sectors, rely heavily on the experience of over 50s – yet we’re at risk of letting them slip away.
Patrick Thomson, the head of Research Analysis and Policy at the Standard Life Centre for the Future of Retirement, outlined the consequences for the UK economy. ... The report outlines several policy recommendations for the forthcoming Industrial Strategy and sector workforce plans to address the needs of over-50s workers.
Patrick Thomson, Centre for Ageing Better’s lead on age-friendly employment, said: “The UK workforce is changing – and employers need to catch up. Improving policy and practice, tackling age bias and creating an age-friendly workplace culture is vital to ensuring that people can work for as long as they want to.
Patrick Thomson leads Phoenix Insights research analysis and policy team.
Patrick Thomson of the Centre for Ageing Better explained that: If you talk to economists, across the board people would say, across an economy, older workers are not taking younger workers’ jobs. There is not a finite number of jobs in the economy.
Lead on age-friendly employment at the Centre for Ageing Better, Patrick Thomson, said: “The UK workforce is changing — and employers need to catch up. Improving policy and practice, tackling age bias and creating an age-friendly workplace culture is vital to ensuring that people can work for as long as they want to .”
Recently published forecasts from both the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF) predict that real GDP growth for the UK for 2024...
Patrick Thomson is Head of Research, Analysis and Policy at Phoenix Insights, a new think tank set up by Phoenix Group to transform the way society responds to the possibilities of longer lives, using research to inform fresh debate and prompt a national conversation to inspire the action needed to make better, longer lives a reality.
Inquiry Older people and employment inquiry. Witnesses Yvonne Sonsino, Co-Chair, Fuller Working Lives Business Strategy Group, Dr Brian Beach, Senior Research Fellow, International Longevity Centre UK, Patrick Thomson, Senior Programme Manager and lead on fulfilling work, Centre for Ageing Better.