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Among current government policies, New Deal 50 plus offers an Employment Credit to boost pay and an in-work training grant to help boost skills, but this programme is only available to older people who have been out of celebrities over 50 work and claiming benefits for at least six months. This research suggests that similar initiatives might be effective if made available to older people who remain in work. While older workers will of course benefit from the Working Tax Credit, which will boost take-home pay for the lower paid, there celebrities over 50 is an argument that this should be available celebrities over 50 on a more generous basis to older workers. This is because they have a relatively high probability of leaving work compared with younger workers, with all that follows in terms of lost tax revenues and, in many cases, additional benefit payments. If a more generous Working Tax Credit for older workers could reduce the employment rate differential between older and younger workers, it would be at least partly self-financing.
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