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    • snooggums@kbin.social
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      1 year ago

      Trickle down economics has never worked, ever.

      “But this time it will!” said conservatives.

  • grte@lemmy.ca
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    1 year ago

    I’m really conflicted about this. On the one hand, I am not defined by my contribution to the economy, the value capital owners are able to skim off my labour. Fuck off with that.

    On the other, 50-64 year olds who could afford to retire early are exactly the demographic buying into nativist anti-immigration rhetoric resulting in this, and it’s a bit funny thinking about that group getting hoisted by their own petard.

    • JoBo@feddit.uk
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      1 year ago

      They’re not getting hoisted by anyone’s petard. It’s not the people who can afford a comfortable retirement the liberals* have in their sights here.

      • for any confused USians, that word does not mean what you (probably) think it means
  • OldWoodFrame@lemm.ee
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    1 year ago

    This is part of every tight labor market, the marginally attached come back in when the employer is willing to pay up.

    Imagine someone retired for 6 months and then a big project comes up at their old employer…they might go back, but it better be for 30% more or something.

    • Alto@kbin.social
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      1 year ago

      That’s exactly what my grandfather did, although it was quite a bit more than 30%.

      Bit of a special case though, he legitimately really enjoyed his job and worked it so he only went into the office 3 days a week

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    Meanwhile, fewer than one in 20 of participants in the government’s “skills bootcamps” – employer-led short courses aimed at equipping jobseekers for the opportunities in their area – are aged over 55.

    Earlier this month, Mel Stride, the work and pensions secretary, championed the idea of over-50s delivering takeaways, and doing other jobs more readily associated with younger workers.

    Crucially, they should extend beyond low-wage private sector vacancies to labour shortages in health, education and social care – where recruitment and retention problems are acute and linked to low pay levels and workload pressures.

    But research also revealed that a substantial number of those who gave up work during the pandemic were hard-up as a result, with reduced expenditure on food and lower wellbeing.

    As well as queues for operations such as hip replacements, economic inactivity is linked to the rising toll of chronic mental and physical illness.

    But the coexistence of high levels of economic inactivity with key worker shortages in vital areas such as teaching remains hugely problematic, and should be addressed by return-to-work policies.


    The original article contains 554 words, the summary contains 177 words. Saved 68%. I’m a bot and I’m open source!