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The Economy: 7. Jobs and Unemployment

Understand

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Introduction

If you have a job, you're employed. What about those who aren't in work and also aren't looking for it? Inactivity has been falling over a long period of time with the main reason more and more women have been joining work. At the start of the pandemic, that trend in inactivity quickly changed though and rose sharply. It has continued to rise even though the economy has reopened. A key feature has been in those over 50 who have left the labor market either due to retirement or ill health.

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