John Lewis CEO says over 50s quitting jobs could fuel inflation

John Lewis CEO says over 50s quitting jobs could fuel inflation

Sumary of John Lewis CEO says over 50s quitting jobs could fuel inflation:

  • As the retail sector continues to suffer from a difficult labour market, John Lewis CEO Dame Sharon White said a new polity must think really solid about getting old groups back into work.
  • Dame White express the BBC that the record amount of job emptinesses is unlike any moment she has seen in her occupation.
  • Regardless of what has happened coming out of Covid, if the labour market is that firm, if we continue to have far fewer groups in work, looking for work – youve inevitably got more inflation and more wage inflation, Dame White express the BBC.

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