Up to a quarter of jobs for the over50s in the UK could be automated within the next decade according to new research from PwC.
Whilst one-fifth of the overall population run the risk of losing jobs to artificial intelligence/robotics, the over50s are at the highest risk. This will predominently be administrative tasks, simple decision-making, etc.
“The ability to adapt to new technologies is crucial for people looking for employment in later life,” said John Hawksworth, chief economist at PwC.
The research is from PwC’s latest Golden Age Index, which rates countries for their employment, earnings and training of older workers.
It also found that there are big differences in the employment of older workers across the UK, with our biggest cities hiring more 50-64-year-olds.
“There are clear economic gains to be made from getting more over-55s into the workforce,” Hawksworth continued. “There are clear economic gains to be made from getting more over-55s into the workforce,” said Hawksworth.
“And with automation advancing, it is more important than ever that we ensure older workers are able to participate fully in the UK jobs market.”
Watch PwC's video on how countries around the world are harnessing the power of their older workers.