UK ‘barking up wrong tree’ trying to get over-50s back to work, report finds

The sharp rise in economic inactivity – when working-age adults are neither in work nor looking for a job – is more likely to be driven by people waiting for treatment as the health service struggles to cope, as well as by people who permanently live in poorer health, according to the consultancy LCP.

It comes as the work and pensions secretary, Mel Stride, enters the final stages of an urgent review of options to boost workforce participation before next month’s budget. The government has so far focused on addressing early retirement, with the chancellor, Jeremy Hunt, urging the over-50s to get off the golf course.

Official figures published last week showed early retirement explains none of the increase in inactivity since the start of the pandemic. While the number of people who are economically inactive is more than half a million higher than in February 2020, the number who have quit the labour market due to retirement has fallen.

Read more at The Guardian