Demographic change will have a profound effect on the UK labour market over the next two decades and beyond. Over 30% of people in employment in the UK are over the age of 50, and there are unlikely to be enough younger people entering the labour market to replace this group when they leave the workforce, taking their skills and experience with them. Employers need to recognise the potential issues they face, such as skills shortages, productivity challenges, labour shortfalls and an inability to meet customer service and production targets.

The report, Avoiding the demographic crunch: labour supply and the ageing workforce, is a collaboration between the International Longevity Centre (ILC-UK) and the CIPD. It explores the challenges for different industries of an ageing workforce and how to mitigate the risks. Data from the Labour Force Survey (LFS) are analysed to explore the age profile of different industries and the extent to which industries are currently experiencing a drop-off in employment after certain ages. The report includes recommendations for employers to adapt to demographic change and ensure a stable workforce for the future.

Download the report below:

Download the report
PDF document 627.2 KB

More on this topic

Thought leadership
Navigating change with speed and agility is key for the C-suite

Peter Cheese, the CIPD's chief executive, looks at the challenges and opportunities faced by today’s business leaders and the strategic priorities needed to drive future success

Reports
Pay, performance and transparency 2024

Insight from the CIPD’s survey into factors driving pay decisions in UK workplaces and recommendations for practice

Thought leadership
Could mismatch in desired and actual hours worked prompt early labour market exit?

We examine people’s desired hours and how this compares to the hours they actually work

Reports

Explore our related content

Reports
Pay, performance and transparency 2024

Insight from the CIPD’s survey into factors driving pay decisions in UK workplaces and recommendations for practice

Reports
Neuroinclusion at work report 2024

Find out about the importance of neuroinclusive workplaces, what employers are doing and the working experiences of neurodivergent and neurotypical employees

Reports
Devolution and evolution in UK skills policy

A report seeking common ground in skills policy across the UK’s four nations

Reports
People Profession 2023: International report

Insight into how global issues are impacting people professionals in the UK, Ireland, Asia-Pacific, MENA and Canada

All Reports