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READ MOREOlder Brits in need of cash return to work in droves as cost of living chaos destroys budgets
Money is a key motivator for older workers returning to work as the merciless cost-of-living crisis increasingly bites, it has emerged.
The Office for National Statistics has published experimental data on the motivations for the over 50s to return to work.
Money is an important motivation to return to work for all groups, particularly younger groups, with 69 per cent of 50–54-year-olds citing it as a motivation. This compares to 62 per cent of 55–59-year-olds and 59 per cent of 60–65-year-olds.
Those aged 50 to 65 years who would consider returning to work said they initially left the workforce to retire (24 per cent), change of lifestyle (17 per cent), redundancy (17 per cent) and stress (15 per cent).
Read more at City A.M.
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