Around three quarters of the loss of workers has been made up of people aged between 50 and 64, due to a mix of early retirement and ill health. But the CIPD pointed to the high number of younger people who were outside the labour market.
"It's important that the current focus on addressing the decline of over-50s in employment doesn't obscure the need and opportunity to get more young people into work," CIPD economist Jon Boys said. Hunt has said he is looking at measures to boost workforce participation, potentially including changes to welfare benefits and private pension rules. In January he urged those who had retired early to do more than just play golf. However, many people who have retired early are not under financial pressure to go back to work, while those who are unwell can face long waits for medical treatment. The CIPD said the government should spend more on school careers guidance and change apprenticeship programmes, which many employers view as too rigid and which have seen falling take-up by young people since a re-launch in 2017. The government should also provide more occupational health support for small businesses, and offer more generous state-funded sick pay that allowed workers to return part-time, the CIPD added. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ INSIGHT-Britain's early retired resist calls to work, despite higher living costs INSIGHT-In a health system in crisis, Britain's heart care suffers 'Britain needs you': Hunt urges older people to rejoin workforce ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by David Milliken Editing by William Schomberg)
