25 March 2010
Older workers 'failed by Budget'
The Budget unveiled yesterday (March 24th) by chancellor Alistair Darling failed to help older workers, it has been claimed.
According to the Chartered Institute of Personnel and Development (CIPD), such people are still suffering as a result of the recession and more needs to be done to assist them.
While the Labour administration revealed it will extend its Young Person's Guarantee scheme, which promises training or a job for 18 to 24-year-olds out of work for over six months, no such aid was guaranteed for the over-50s.
John Philpott, chief economic advisor at the CIPD - which describes itself as Europe's largest HR development professional body - said that people in this age bracket need assistance to prevent them sliding into long-term unemployment.
He added: "We've warned for some time that although the over-50s are losing their jobs in lower numbers than younger workers, they are struggling to get back into work."
Mr Philpott went on to note that the CIPD is "disappointed" that the jobs guarantee has not been extended to older people.