Older women 'let down over jobs'


%VIRTUAL-SkimlinksPromo%Older women are being failed by the Government's flagship employment scheme, with just one in 10 being helped into work, according to Labour.

Some 97,520 women over 50 were on the Work Programme by last December, but payments to providers for finding them long-term jobs were made for only 9,310, its analysis found.
Since the coalition took power, the number of unemployed women in that age group has risen by 45%, the Labour research showed.

Under the Work Programme, providers from the voluntary, private and public sectors are paid according to results to get people into work, with extra incentives to support the hardest to help.

It has come under frequent attack since its launch in June 2011 and statistics last June showed that just 5% of the hardest-to-help people had been found work.

Shadow equalities minister Sharon Hodgson called on the Government to appoint an older workers champion to keep a check on company recruitment.

She said: "These figures are yet more proof that David Cameron has no answer to the cost-of-living crisis affecting tens of thousands of older women and their families. His Work Programme is failing them, and thousands more find themselves unemployed under this Government.

"If we're going to build a sustainable recovery, we need to ensure that we don't waste the talents of some of our most experienced and valuable workers.

"Ministers need to stop dragging their feet on the appointment of an older workers champion, and they should implement Labour's compulsory jobs guarantee to ensure that older women who have been out of work for over two years have a chance of proper paid work."

World's richest women
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Older women 'let down over jobs'

Christy Walton, 56, is the widow of John T Walton, one of the sons of Walmart founder Sam Walton.

She inherited John's fortune of $15.7 million when he died in June 2005 and now has an estimated net worth of about $25 billion, making her the tenth richest person in the world.

Liliane Bettencourt, 88, is France's richest woman with an estimated fortune of $23.5 billion.

Her wealth is due to being heir to the French cosmetics giant L'Oreal, which was founded by her father.

While Christy Walton's wealth is thanks to her marriage to John T Walton, Alice, 61, inherited her fortune directly from her father, Sam.

He founded Walmart, which now employs some 2.1 million people, in 1962 with his brother James. Alice's personal wealth is estimated at $20.9 billion.

When billionaire Andronico Luksic died of cancer in 2005, his second wife Iris became head of the family that controls Antofagasta, one of the world's largest copper miners.

Her fortune is thought to be worth about $19.2 billion.

Susanne Klatten, 48, is the daughter of Herbert Quandt, the man who rescued BMW from bankruptcy in the 1960s.

She also owns chemical manufacturer Altana, which she delisted from the stock market after inheriting 50% and increasing her stake to 100%. Her wealth is estimated at $14.6 billion.


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