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UK workforce shrinks after sharp rise in people choosing to leave work
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The economic fallout from the coronavirus pandemic has made Britain’s workforce smaller, younger and more female after a sharp rise in people leaving work during lockdown, according to a report.
The Resolution Foundation said that while mass unemployment had been avoided during the Covid-19 emergency, there had been an increase in people who had exited the workforce and were no longer looking for a job.
Reflecting a sharp rise in early retirement among older workers, the thinktank said economic inactivity – a measure of people out of a job, but who are not looking for work – had soared by 586,000 since the start of the crisis.
Alongside a fall in employment in sectors with higher proportions of men in work, such as construction and
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