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Over-50s behind contractor rise

11.04.14

Recent statistics released by the Office of National Statistics (ONS) show that the number of self-employed people over the age of 50 has risen considerably.

In fact, since the start of the recession in 2008, the number of self-employed individuals in the UK has surged, and workers aged 50 or over account for more than 70% of the increase. Around a third of those are aged 65 or older.

Self-employed contractors enjoy more freedom than most employees, which could be the reason why many experienced workers have turned to self-employment over the past five or six years.

To view the full ONS report – click here.

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