labour market

Andrew Marr, political editor at the New Statesman, speaks to Freddie Hayward, political correspondent, about why the newly published figures on net migration for 2022 have sent shockwaves through the Conservative party. The focus, he says, has shifted from illegal migration - 'stop the boats' - to legal migration, because of these figures.

Last week the Office for National Statistics revealed that net migration to the UK reached a record high of 745,000 in 2022. This figure relates to people given permission to enter the country, mainly to work or study. 

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 Since the start of the pandemic in 2020, nearly a million people aged 50-64 have left the workforce.

Other major economies have seen their employment rates bounce back after the pandemic, and the Financial Times have reported that the UK is the only developed economy

where inactivity kept rising after the initial pandemic shock.  

In this episode, sponsored by Phoenix Insights, Becky Slack from the New Statesman Spotlight team is joined by Alison McGovern, shadow minister for employment, Neil Carberry of the Recruitment and Employment Confederation, and Claire Hawkins, director of corporate affairs and investor relations at the Phoenix Group. They discuss why so many older people are leaving the workforce, what government and employers can do to support older workers better, and the economic impact of doing so.

Find out more about Phoenix Insights

https://www.thephoenixgroup.com/phoenix-insights/

Hear more of our Spotlight podcasts on their own feed

https://podfollow.com/spotlight-on-policy-from-the-new-statesman

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