Britain’s ‘great unretirement’: cost of living drives older people back to work￼
Spiralling inflation, volatile financial markets and the soaring cost of living are leading to the “great unretirement”, with research suggesting retired people are returning to the workplace.
There are now more people aged 50 and older in work or looking for work than since just before the pandemic, according to data from the Office for National Statistics (ONS).
Its analysis shows there was an increase in economic activity (people working or looking for work) of 116,000 among the over-50s in the past year.
More than half the total increase is among men aged over 65 – whose economic activity levels increased by 66,000, or 8.5%, in a year – with 37,000, or 6.8%, more women over 65 in or looking for work.
Experts say in-depth research indicates the increase is driven by former people in retirement returning to work, rather than people working longer. “People who thought they could retire comfortably during the pandemic are having to unretire and find work again to bring in extra income and top up their pensions while they still can,” said Stuart Lewis, the chief executive of Rest Less, a digital community for the over-50s.
“Increasing numbers of retirees are feeling poorer than they’ve felt before, with consumer confidence at a record low and purchasing power eroded on a monthly basis,” he added. “All this is driving the trend of unretirement.”
Volatile financial markets were creating significant fear and uncertainty in people’s perceptions of their future retirement income, said Lewis. The one-off suspension of the state pension triple lock last April means that the state pension only increased by 3.1%, while inflation increased at 9.4% in June. “It’s no surprise that people are looking at ways to make additional earnings,” he added.
Caroline Abrahams, the charity director at Age UK, said it was no wonder that significant numbers of retired people were “scrambling to return to work in an effort to shore up their finances against the storm”.
“Judging from what we’re being told at Age UK, many older people are looking ahead to the winter with extreme trepidation,” she said. “With inflation high and rising we can see why: the prospect of scrambling to afford to keep the heating on is truly frightening.
“Carefully laid retirement plans, which looked economically sustainable a year ago, are now shot to pieces and that’s a huge disappointment if you’ve been looking forward to a rest and the chance to enjoy yourself after many years of working.”
Ros Altmann, the former pensions minister and Conservative peer, said the government was wrong to remove the promised protections from pensions. “The fear of inflation has caused huge anxiety and driven some to return to work even if their health may not be up to it,” she said.
Cora Adcock, a part-time music teacher who retired at 64, had to return to work aged 69 because her pension did not cover her increased living expenses.
“I just couldn’t manage financially on my state and teacher’s pensions, especially as I missed a few years of contributions because I took time off to care for my children when I was younger,” she said.
Adcock found work playing the organ for up to 13 funerals a day at a local crematorium but lost her job aged 71. Partially sighted, Adcock is still trying to find work. “I’m looking for work that I can’t really physically do because the bills are such a worry,” she said. “I’ve already cut everything I can. I don’t even use the oven.”
Dr James Derounian, from Gloucestershire, recently returned to his work as a lecturer two years after retiring aged 62. “I had planned to retire but life had other ideas,” he said. “The cost of living curtailed all my plans.”
Qualitative data from the ONS supports the notion that the figures reflects those coming out of retirement, rather than simply continuing to look for work after the age of 65: it asked 12,000 people aged 50 to 70 years old who were not currently looking for work, if they would consider going back to work in the future. One in three of those aged 50-64, and one in 10 of those aged 65 and older, said they would.
The trend is also supported by a recent poll of Rest Less’s retired members, 32% of whom said they would consider returning to work or that they were already working again. Almost 70% of those said they were “unretiring” purely or partly for financial reasons.
What is gc4ge400?
If you’re reading this article, chances are you’re wondering what gc4ge400 is. Perhaps you’ve come across this term while doing research on SEO or digital marketing, and you’re curious to learn more. In this article, we’ll delve into what gc4ge400 is, how it relates to SEO, and why it’s important for businesses to understand.
GC4GE400 is a code that is used by Google to track the relevance of a website’s content. This code is used in the algorithm that Google uses to rank websites in search engine results pages (SERPs). In other words, it’s a way for Google to determine how relevant a website’s content is to a user’s search query.
How gc4ge400 Works
GC4GE400 is a complex algorithm that takes into account a number of different factors when ranking websites in SERPs. Some of these factors include:
- The relevance of the content on the website to the user’s search query
- The quality of the content on the website
- The number and quality of external links pointing to the website
- The speed and performance of the website
- The overall user experience of the website
Google uses these factors (and many more) to determine how relevant a website’s content is to a user’s search query. The higher the relevance, the higher the website will rank in SERPs.
Why gc4ge400 is Important for SEO
GC4GE400 is incredibly important for SEO because it determines how well a website will rank in search engine results pages. If a website’s content is not relevant to a user’s search query, it will not rank well in SERPs, and therefore will not receive much organic traffic.
By understanding how gc4ge400 works, businesses can create content that is more relevant to their target audience and improve their rankings in SERPs. This can lead to more organic traffic, more leads, and ultimately more revenue.
Best Practices for gc4ge400
Now that you understand what gc4ge400 is and how it works, let’s take a look at some best practices for optimizing your website for this algorithm:
1. Conduct Keyword Research
One of the best ways to optimize your website for gc4ge400 is to conduct thorough keyword research. By identifying the keywords and phrases that your target audience is searching for, you can create content that is more relevant to their needs.
2. Create High-Quality Content
Another important factor to consider when optimizing your website for gc4ge400 is the quality of your content. Google rewards websites that have high-quality, informative, and engaging content that is relevant to a user’s search query.
3. Focus on User Experience
In addition to creating high-quality content, it’s important to focus on the overall user experience of your website. This includes factors like website speed, mobile responsiveness, and ease of navigation.
4. Build Quality External Links
Building high-quality external links to your website is another important factor to consider when optimizing for gc4ge400. By building links from reputable websites in your industry, you can signal to Google that your website is a valuable resource for users.
In conclusion, gc4ge400 is a complex algorithm that is used by Google to determine the relevance of a website’s content to a user’s search query. By understanding how this algorithm works and implementing best practices for optimization, businesses can improve their rankings in search engine results pages and drive more organic traffic to their website.
Austin Garage Door Repair: Why Choose SupremeGarageDoorTX.com?
Your garage door is an essential part of your home, providing security, convenience, and curb appeal. However, like any mechanical device, garage doors can break down, wear out, and require repair or replacement. When it comes to garage door repair in Austin, Texas, SupremeGarageDoorTX.com is a top choice for homeowners and businesses alike. Here’s why:
- Expertise and Experience
At SupremeGarageDoorTX.com, we have years of experience repairing and installing garage doors of all types and brands. Our technicians are highly trained and certified, with the knowledge and skills to diagnose and fix any garage door problem quickly and efficiently. Whether you have a broken spring, a damaged panel, or a malfunctioning opener, we can get your door back in working order in no time.
- Quality Products and Parts
We only use high-quality garage door products and parts from trusted manufacturers, ensuring that your repairs will last for years to come. We offer a wide selection of doors, openers, and accessories to fit your needs and budget, from classic designs to modern styles. Our products are backed by warranties and guarantees, giving you peace of mind and protection.
- 24/7 Emergency Services
Garage door emergencies can happen anytime, day or night, and we understand the importance of prompt and reliable service. That’s why we offer 24/7 emergency repair services, so you can get your door fixed as soon as possible. Our technicians are on call and ready to assist you, no matter the time or day.
- Competitive Pricing
We believe that garage door repair and installation should be affordable and accessible to everyone. That’s why we offer competitive pricing and free estimates for all our services. We also offer special discounts and promotions throughout the year, so you can save even more on your garage door needs.
- Excellent Customer Service
At SupremeGarageDoorTX.com, we are committed to providing exceptional customer service and satisfaction. From your initial consultation to the final installation, we will work closely with you to ensure that your needs are met and your expectations are exceeded. We are always available to answer your questions, address your concerns, and provide advice and recommendations.
In conclusion, if you are looking for reliable, affordable, and quality garage door repair in Austin, Texas, look no further than SupremeGarageDoorTX.com. Contact us today for a free estimate and see why we are the top choice for homeowners and businesses in the area.
Prodeg: The Ultimate Solution for E-Commerce Business
As the e-commerce industry is booming, online businesses are continuously looking for ways to streamline their processes and increase sales. One of the most significant challenges that online businesses face is managing their inventory efficiently. This is where Prodeg comes into the picture. In this article, we will take a closer look at Prodeg, its features, and how it can help your e-commerce business thrive.
Introduction to Prodeg
Prodeg is a cloud-based software solution that enables e-commerce businesses to manage their inventory, orders, and shipping from a single platform. It is an all-in-one solution that integrates seamlessly with popular e-commerce platforms such as Shopify, Magento, WooCommerce, and BigCommerce. Prodeg was designed to simplify the complex process of managing inventory for online businesses.
How Prodeg Works
Prodeg works by connecting to your e-commerce platform and automatically syncing your inventory data. It provides a user-friendly dashboard that allows you to view your inventory levels, track orders, and manage shipping from a single platform. Prodeg also comes with advanced features such as real-time inventory tracking, automated order fulfillment, and customizable shipping labels.
Features of Prodeg
1. Inventory Management
Prodeg provides a centralized platform to manage your inventory levels across multiple sales channels. It tracks inventory levels in real-time and alerts you when stock levels run low. Prodeg also allows you to set reorder points and automate purchase orders, ensuring that you never run out of stock.
2. Order Management
Prodeg enables you to manage all your orders from a single platform. You can view and process orders from different sales channels, automate order fulfillment, and generate packing slips and invoices.
3. Shipping Management
Prodeg streamlines your shipping process by enabling you to manage all your shipments from a single platform. You can generate shipping labels, track shipments, and print custom packing slips.
Prodeg integrates seamlessly with popular e-commerce platforms, making it easy to connect and manage your inventory and orders from a single platform.
Prodeg provides a customizable platform that allows you to tailor the software to your business needs. You can create custom shipping rules, labels, and packing slips that reflect your brand.
Benefits of Using Prodeg
1. Improved Efficiency
Prodeg automates manual tasks such as order processing and shipping, enabling you to focus on growing your business.
2. Real-time Inventory Tracking
Prodeg provides real-time inventory tracking, ensuring that you never run out of stock and can efficiently manage your inventory levels.
3. Centralized Platform
Prodeg provides a centralized platform to manage all your inventory, orders, and shipping, eliminating the need to switch between multiple platforms.
Prodeg provides a customizable platform that allows you to tailor the software to your business needs and reflect your brand.
Prodeg is a cost-effective solution that eliminates the need for expensive inventory management software and enables you to manage your business more efficiently.
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