Marketplace Want to understand our aging workforce? Look to the U.K.
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Jul 15, 2025 Samantha Wallace, the owner of From Field & Flower, shares her insights on running a honey shop in London amid the economic turbulence caused by Brexit and rising living costs. She highlights the significant challenges faced by small businesses and discusses the shifting labor market as the U.K. prepares for an aging population. The conversation also touches on the resilience required to navigate job market hurdles, especially for older workers, and the impact of demographic changes on economic stability.
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Samantha's Career Shift and Workforce
- Samantha Wallace transitioned from a corporate communication career to running a honey shop after redundancy.
- She employs a diverse workforce now, including older workers who need part-time jobs due to rising living costs.
Aging Workforce Survival Keys
- Economies with aging populations can survive by working longer, improving technology, and having sensible immigration policies.
- The UK is ahead of the US in demographic aging and offers insights into these future challenges.
Work Defines Self-Worth
- Work is linked to self-worth, so losing the ability to work changes how people see themselves.
- This issue bridges economic and personal identity concerns in aging populations.