Women in their 50s earn nearly a fifth less than men of the same age – the widest gender pay gap of any age group.
TUC analysis of the pay and jobs of women over the age of 50 shows that despite a dramatic rise in the number of women working past 50, low pay and pensioner poverty remain major concerns for them as they approach retirement.
A woman in her 50s working full-time currently earns £11.99 per hour – 18 per cent less hour than a man of a similar age (£14.69). This compares to a 10 per cent gender pay gap across the workforce as a whole. Women in their 50s also earn less than women in their 30s (£14.17) and 40s (£12.93).