Older workers

Studies conducted by imminent economists show that whilst a graduate may not expect to get the job they were trained to do a worker over the age of 45 will have great difficulties getting any job after they are made redundant so the governments obsession with changing the benefits system and increasing the retirement age will have an impact on the job market. But the whole strategy is bad economics as one public sector cost centre will have to absorb the so called savings made by another. The person who could not retire at the age of 65 and will now be unemployed even longer will simply have to live off a different set of benefits? So there is, in real terms, no saving! What a lot of bananas!