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For the first time, the unemployment rate among people over 55 surpasses that of workers aged 25 to 54
People over the age of 55 have historically shown lower unemployment rates than other workers. However, this favorable trend has reversed since 2023, and by 2025 the unemployment rate for older workers stands at 9.8%, which is 0.4 percentage points higher than that of the 25–54 age group.
The relative deterioration in employment outcomes for older workers over recent decades hides substantial differences between those who have managed to remain active throughout their working lives and those who have had to look for work after the age of 55 because they lost their jobs, are entering the labor market for the first time, or are returning after a period of inactivity. The latter face greater job insecurity than that of the former, and their chances of returning to employment, and job conditions they manage to access are worse that those of younger cohorts.
In a context of demographic aging, rising pension expenditure, and increasing demand for human capital, improving employment and training opportunities for older people must become a key policy priority.
