southtyneside.info
Jobs and Enterprise
Version 3, May 2008
Employment rate of people aged 50 and over
According to the latest data (September 2007), South Tyneside’s employment rate for over 50 year olds stands at 33.3%, which is just below the North East average (33.4%), and which is 5.1% points below the Great Britain average of 38.4%.
Between 2005 & 2007, the Great Britain over-50 employment rate improved by 1.0% point. South Tyneside saw a 4.5% point improvement moving from 28.8% to the current 33.3%. This equates to an extra 1,800 over 50’s in employment.
At 11.5% points, the improvement between 2000 and 2007 in South Tyneside’s over-50 employment rate has greatly outstripped the average improvement in the North East (6.4% points) and Great Britain (4.1% points).
This is the best performance of the five Tyne & Wear authorities. South Tyneside has narrowed the gap to the Great Britain average by 3.5% points: in 2000 the “gap” between the GB & ST rate was 8.6%. In 2007 it was 5.1%.
In all, an extra 5,100 persons over 50 are in employment (as of 2007), compared to 2000.
Source: Annual Labour Force Survey/ Annual Population Survey extract from NOMIS
Next update due: December 2008