You are reading a single comment by @NickCJ and its replies.
Click here to read the full conversation.
-
I don’t find the “early retirement” explanation very convincing. Not least because the way the UK economy is set up, no-one who does anything that actually matters could afford to retire early. Maybe some senior NHS docs caught in the weird LTA traps.
But the current combination of falling asset values and high inflation might solve this with some “unretirements” over the next few years anyway.
NickCJ
https://www.bbc.co.uk/news/business-64083802
So early retirement is the main cause for the current labour shortage according to this BBC article. Hidden down the article is "changes to migration" but I feel another government spin on why we are struggling and it won't be Brexit.