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Amid concerns that early retirees are impeding Britain’s economic recovery, Rishi Sunak intends to entice thousands of over-50s back to work with a “midlife MOT.”
Government statistics indicate that approximately 630,000 people have left the labor field since the beginning of 2019, and employment levels have not yet returned to pre-pandemic levels.
A new personal examination would enable employees to evaluate their financial health.
Many over-50s are reported to have decided to retire early based on assumptions made before the recent cost of living crisis.
Rishi Sunak aims to tempt thousands of over-50s back to work with a “midlife MOT” because of concern that early retirees are impeding the economic recovery of the United Kingdom.
The evaluation would also be used to find options for part-time or flexible work, mentoring, and skill development.
»Rishi Sunak wants to get thousands of over-50s back to work with’midlife MOT’«