Pantheon Macroeconomics

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21st Dec 2022 16:22U.K., Daily Monitor

  • Rising long-term sickness largely is due to already-inactive people becoming ill, not people leaving work.
  • A large share of the rise in employment outflows since the pandemic was due to people retiring early...
  • ...This will continue to reverse, due to the sharp fall in the real value of households’ financial and housing wealth.

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Keywords for: 22 Dec 2022 UK Monitor

employment, housing, uk, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence