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Jeremy Hunt in plea to early retirees: ‘Britain needs you’

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  • Grumpy_chap
    Grumpy_chap Posts: 20,922 Forumite
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    MACKEM99 said:
    Has no one thought about the huge number who are still in education at 18 and in some cases after Uni do not go into the workforce till they are 25, 
    That was a drive through the 1980's and 1990's as there was high unemployment and being at University was not being unemployed.  At the same time, there was encouragement for over-55's to take early retirement as they were hogging a job that could be filled by a younger person in more need of employment.  Again, moving workforce to retired got the unemployment figures down.

    The problem of not enough workforce would have been a dream for the politicians of the 1980's...
  • Linton
    Linton Posts: 18,559 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    I dont really understand why our workforce is insufficient...

    100 years ago the best part of a million people worked in the mines.  Hundreds of thousands worked on the railways, buses, post office etc. Millions worked on the production lines or in the mills  Millions still worked in agriculture. The largest male job classification was "unskilled labourer".  Millions of women were either employed as domestic servants or were fully occupied with running their home and caring for their children when washing day really meant a full day for washing the clothes.

    With all these jobs now occupying a small fraction of the numbers they used to and automation greatly reducing other roles, what is everyone doing?  Would anyone care if they stopped doing it - how many jobs are truly productive?
  • zagfles
    zagfles Posts: 21,713 Forumite
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    mumf said:
    Andy_L said:
    mumf said:
    unfortunately,the majority of government, MPs and the like are ex Public School, ( Hunt is) ,so therefore are from wealthy families. They are born,reared and educated in a world that is miles apart  from people who do proper work. And that basic ‘proper ‘ work was clapped for and congratulated during COVID 19. In fact ,it was rather interesting to see who wasn’t actually missed at that time -  those were the ones who earn (ed) a shed load of money ,unlike the ‘basic’ workers who were praised. How soon society and parliament have forgotten. 


    From 2019, 

    "Overall 29% of current Members of Parliament come from a private school background,"

    https://www.gov.uk/government/news/elitism-in-britain-2019

    Fair figure from four years ago. Almost a third of them then? That’s still a substantial number. 
    Yeah, those born with a silver spoon in their mouth may actually believe propaganda that people on £30k+ need to use foodbanks to survive. Luckily we have MPs like Lee Anderson who used to be a miner and has worked for the CAB who understands the real world https://www.telegraph.co.uk/news/2023/01/22/tory-mp-lee-anderson-food-banks-have-become-industry-now-scandal/


  • mumf
    mumf Posts: 604 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Linton said:
    I dont really understand why our workforce is insufficient...

    100 years ago the best part of a million people worked in the mines.  Hundreds of thousands worked on the railways, buses, post office etc. Millions worked on the production lines or in the mills  Millions still worked in agriculture. The largest male job classification was "unskilled labourer".  Millions of women were either employed as domestic servants or were fully occupied with running their home and caring for their children when washing day really meant a full day for washing the clothes.

    With all these jobs now occupying a small fraction of the numbers they used to and automation greatly reducing other roles, what is everyone doing?  Would anyone care if they stopped doing it - how many jobs are truly productive?
    We had Brexit and the workers went to their original countries. 🤣 
  • zagfles
    zagfles Posts: 21,713 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    Linton said:
    I dont really understand why our workforce is insufficient...

    100 years ago the best part of a million people worked in the mines.  Hundreds of thousands worked on the railways, buses, post office etc. Millions worked on the production lines or in the mills  Millions still worked in agriculture. The largest male job classification was "unskilled labourer".  Millions of women were either employed as domestic servants or were fully occupied with running their home and caring for their children when washing day really meant a full day for washing the clothes.

    With all these jobs now occupying a small fraction of the numbers they used to and automation greatly reducing other roles, what is everyone doing?  Would anyone care if they stopped doing it - how many jobs are truly productive?
    Well, crops are rotting in the fields because there's no-one to harvest them. So we rely on imports, and then wonder why the price skyrockets when the "breadbasket of Europe" gets plundered.
    Anyone fancy a job working in the fields? Nah, thought not.

  • enthusiasticsaver
    enthusiasticsaver Posts: 16,294 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No neither my husband nor myself would return to work.  We retired about 5 years ago when both of us were around 58 so we are 63 and 64 now.  We retired because both of our  employers  were quite frankly making daft decisions (one large multi national electronic engineering conglomerate for my husband) and local government in HE for me. From the sounds of it from people who still work nothing has changed so no carrot would entice us back. 

     We could afford to retire so we went but if we enjoyed our jobs still we would have stayed.  My husband actually offered to work part time as he was a highly trained engineer and there was a severe shortage then (even more now) but the answer was no so he left on a very good pension as we had been over paying for over 30 years. We saved simply because we wanted to be in control of when we left and enjoy a good standard of living with ironically better inflation linked increases than if we were working. 

    Britain needs skilled employees but as in everything this government and previous ones are short sighted and I daresay Brexit hasn't helped. We did not vote for that so as far as we are concerned if there is a shortage of workers the government needs to focus on making the current cohort of working age people (our children included) feel valued and invest in training.  Otherwise many of them will be walking overseas no doubt and taking their skills with them. 
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  • enthusiasticsaver
    enthusiasticsaver Posts: 16,294 Ambassador
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    Audaxer said:
    Expotter said:
    Today Jeremy Hunt said : “So, to those who retired early after the pandemic, or haven’t found the right role after furlough, I say: Britain needs you. And we will look at the conditions necessary to make work worth your while.”

    Would anyone here consider unretiring and returning to work, what would it really take to make it worthwhile?  
    Oh well, it doesn't seem to include me as I retired early, but a few years before the pandemic! 

    I don't think any incentive would tempt me to return to work. 
    It doesn't include us either as we retired age 58 in 2016 and 2018. No incentive would persuade us either. We do not need more money as we saved for retirement  and to be honest that is the only thing they can possibly offer and that would create division within the employment market. 

    Would it not be better to make working conditions better for those still working to encourage them to stay? 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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