UK Faces a Skills Shortage as 5 Million Workers Over 50 Set to Retire Early

UK Faces a Skills Shortage as 5 Million Workers Over 50 Set to Retire Early


  • Feeling the Clock Ticking? New Study Shows Half a Million Workers Over 50 May Hit the “Early Retirement” Button

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  • Why the Impulse to Pack Up?

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  • In a fresh dive by tech giant Multiverse, a whopping 5.3 million folks aged 50 and beyond are giving the early‑retirement idea a serious think‑over. That’s a big hit for an already stretched workforce.

  • Two‑thirds (64%) of those eyeing retirement have tossed the idea into their bucket list.
  • Four in ten (38%) truly feel an early exit is on the cards.
  • What’s driving the time‑pressured move?

  • Fast‑paced tech and AI are reshaping the workplace, sometimes leaving seasoned workers feeling out‑of‑the‑loop.
  • The study spotlights 450,000 seniors who might be forced into early exit because they’re missing the “modern” skill set that today’s recruiters crave.

  • Hope on the Horizon: Training to the Rescue

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  • Multiverse is making a plea: companies, step up!

  • Almost 37% of those planning to jump ship in the next year would stay if their boss rolled out training opportunities.
  • For the 50‑54 age group, a solid 50% would hang on to their roles if they could upgrade their skill sets on the job.

  • What the Numbers Say About Longer Employment

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  • If you invest in learning, half of the over‑50 crowd says they’d stick around for the next five years.
  • Nearly a quarter (23%) see themselves staying between six to ten years.
  • And do we have a silver lining? About 22% anticipate staying a staggering 11–15 years after a mid‑career boost.

  • Message From the Brain Behind The Numbers

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  • Gary Eimerman, Chief Learning Officer at Multiverse*, says:
  • “We’re seeing a skills gap widening faster than a meme‑rolled backlog. If we don’t put a pin in this, we lose knowledge, we lose smiles, and, frankly, we lose a ton of talent.”He continues:
    “People ain’t just clocking in for cash; we want to keep the best roles alive throughout a career, not just the first 20 years. We can pull over‑50s back into the workforce and keep them—if the government and businesses actually commit to a serious learning push.”


  • What’s Next?

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  • Multiverse calls on companies and the government to collaborate on big reskilling efforts.
  • The hope? Strengthen the labor market, boost job satisfaction for millions, and fill the digital skills gap that’s bloated over the last decade.

  • Ready to Jump In?

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  • Make sure you’re not the next retiree in the 50–54 bracket—grab that training, or risk paying a higher price for early exit.*