Headlines, PublicNet: 16 July, 2014

As the number of younger workers declines in the next ten years, older workers will take their place. To help this transition the Government has appointed a Business Champion for Older Workers.

Demographic changes present major opportunities for employers to harness the benefits of taking on older staff, but also pose a serious threat to businesses which continue to believe they can rely solely on a young workforce. In the next 10 years, there will be 700,000 fewer people aged 16-49 in the UK labour market but 3.7m more people aged between 50 and state pension age.

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