Updated 30 November 2012
Average age people stop working
Indicator description
The indicator measures the ages at which older people withdraw from the labour market and become inactive and it is based on multiplying each age by the probability of exiting the labour market at that age.
Data are published around 6 weeks after the end of each quarterly period. Confidence intervals are not calculated for this indicator though due to its nature changes are small and therefore the focus should be on the long term trend. Since the data are not seasonally adjusted, only year on year comparisons should be made.
Latest data – published 15 November 2012
The latest data for July-September 2012, shows the average age men stop working was 64.8, an increase of 0.4 years from the same quarter in 2011. The average age women stop working has increased slightly to 62.7 (from 62.5 one year previously).
Men
| Financial Year | April-June | July-September | October-December | January-March |
|---|---|---|---|---|
| 2012-13 | 64.8 | 64.8 | ||
| 2011-12 | 64.5 | 64.4 | 64.6 | 64.6 |
Women
| Financial Year | April-June | July-September | October-December | January-March |
|---|---|---|---|---|
| 2012-13 | 62.6 | 62.7 | ||
| 2011-12 | 62.7 | 62.5 | 62.4 | 62.4 |
Further details on the indicator can be found in Pension Trends published by the Office for National Statistics:
- Pension Trends, Chapter 4: The labour market and retirement (Office for National Statistics)
