Sentences with phrase «savings out of the workforce»

The unions have refused even to discuss ways to squeeze savings out of the workforce.

Not exact matches

«But it is important, as a matter of balance, to point out that the savings, rising to # 13 billion over 50 years, are the savings we set out to make; and crucially, that ten per cent of the public sector workforce is replaced each year.

Among them are deleterious effects on children of unregulated and often substandard childcare; [9] lost productivity for employers due to parents missing work to handle gaps in childcare or to care for a sick child; [10] lost wages and reduced retirement benefits for parents who have to drop out of the labor market to provide at - home care for their young children; [11] a substantial downward pressure on the wages of childcare workers with effects on the quality and stability of the childcare workforce; [12] and lost opportunities for further education, [13] college savings, and other investments that working parents could make in themselves and their children but can not afford because they are spending most or all of their disposable income on childcare.

But eventually, as you phase out of the workforce or retire, you'll need to convert those retirement savings into retirement income.

Unfortunately, time out of the workforce could put the caregiving spouse at a disadvantage when it comes to retirement savings.