Synopsis
"Policy Exchange says when its 25-year-old applied for jobs, s/he received a far more postive response than the 51-year-old. The study warns that unless there is a significant shift, serious long-term damage could be caused to the economy and living standards of a large part of the population.
"Matthew Tinsley, author of the report, said: 'The skills and experience that older workers offer employers is vitally important to businesses and the economy as a whole.
"'Greater levels of support must be put in place to help unemployed older workers back into the labour market, and to support individuals' opportunities later in life.'"