Workers over 50 encouraged to end early retirement

The authorities is considering plans to coax retired middle-aged workers backmost into jobs to boost the economy.

Older radical who person fixed up enactment could beryllium offered what is being dubbed a "midlife MoT" to entice them backmost into employment, the Times reports.

The insubstantial says the MoT would measure finances and opportunities for work.

It follows a caller House of Lords committee uncovering that a question of aboriginal status pursuing the pandemic has caused a immense labour shortage.

The study by the influential economic affairs committee examined the leap successful economical inactivity - the fig of radical not successful enactment oregon looking for enactment - and rising vacancies since 2020.

Economic enactment has accrued by 565,000 radical since the commencement of the pandemic, according to the analysis.

The study highlighted retirement, accrued sickness, changes to migration and the UK's aging colonisation each contributed to the existent tightness successful the labour market.

Recent figures successful October revealed that astir 2.5 cardinal radical are not looking for jobs due to the fact that of semipermanent sickness - adding to labour shortages

As the House of Lords study was published connected Tuesday, Lord Bridges called connected the authorities to bash much to enactment the economy.

In effect the Department for Work and Pensions said it has already expanded its Jobcentre midlife MoT service.

Now, according to the Times, a root adjacent to the enactment and pensions caput Mel Stride said helium is besides keen to find innovative ways to code economical inactivity.

He confirmed that helium met Prime Minister Rishi Sunak to sermon plans earlier the Christmas break.

A nationalist accusation run focusing connected radical implicit the property of 50 could statesman arsenic aboriginal arsenic spring.

Speaking to the BBC a Downing Street root said plans are being worked connected to bring older radical backmost to the workforce, but added that thing had been decided connected yet.