British 70-74-year-olds are working to an older age. Their number has doubled in the past decade. Around 10 per cent of them now work. This is the highest figure ever. Over 250,000 now have jobs. In 2005, it was just 100,000. People are deciding to retire later. One reason for people working in their old age is because retirement pensions are more difficult to live on. Many older people cannot retire. They have to work to be able to survive.
The last decade has seen big changes in the jobs market. Many people are working in their retirement age. Many people need to earn extra money because they cannot afford to retire. Older people now need good jobs and pensions so they can choose whether they want to stay in work. More and more older people are starting their own businesses. This is something they may have dreamed of doing for many years.