'Madonna' types ruling the workplace

Stat of the day: 200,000. How many more women aged 50-64 are in work.

by
Last Updated: 09 Oct 2013
Young people may be struggling in the labour market, but for women over 50 it’s a different story. Women aged 50 to 64, the so-called ‘Madonna generation’, have ridden the job crisis wave better than men and other age groups, according to the Chartered Institute of Personnel and Development (CIPD).

There are now 200,000, or 6.2%, more women aged 50-64 in work than in early 2008. Among men in the same age group, employment has risen by just 3,000.

The CIPD says more women are choosing self-employment rather than part time work, as fewer women retire early (whether that’s out of choice or because their pensions are not going to be as lucrative as they hoped is a moot point). They are more likely to view 53-year-old Madonna as a role model, rather than ‘Grandma Grey,’ the CIPD says. Get into the groove…

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