19 May 2020

Women and older workers continue to fuel employment growth

2 min read

Helen Morrissey, Personal Finance Specialist
Helen Morrissey

Corporate PR Specialist – Long Term Savings

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Helen Morrissey, pension specialist at Royal London comments on today’s (19 May) UK Labour Market statistics.

 “Today’s figures show that between January and March women and older workers continued to fuel the growth in employment. This is a huge societal shift in terms of improving the financial resilience of both these groups during their working lives and into retirement with increased access to pensions and the ability to work into retirement if needed.

However, these figures relate to a time before the COVID-19 epidemic and we expect to this to affect the data in the coming months.”

 

For further information please contact:

Helen Morrissey, Corporate PR Specialist – Long Term Savings

About Royal London:

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.