However, the surge in over-50s employment may not be all good news, as it’s not unthinkable that underlying economic problems are behind it. After all – with private sector pensions being so uncertain; house prices falling; and the prices of consumables ever-inflating – the over-50s may be looking to increased employment as a means to get them out of their financial predicament. I’d certainly be interested in hearing Coffee-Housers’ thoughts on the matter.
P.S. For a bit of background reading, Elliot has also written an excellent article on the credit crunch and its associated problems.