People have found pleasure, satisfaction and even gratitude for their situation, despite uncomfortable circumstances. The shock, angst and even fear is slowly disappearing as we become acclimatised to our new situation (like ‘pivot’, I’m tired of the phrase, ‘new world’ ?).
People are not spending as much money on travel, work attire, taxis, Ubers, lunch, coffees, babysitters, after school care, dog walkers, cleaners, takeaway dinners etc. and as a result, are finding new priorities.
In addition, Australia is also seeing a reduction in immigration and skilled workers.
In May, the Prime Minister, Scott Morrison, estimated annual migration of 34,000 in the year ahead – a far cry from pre-coronavirus estimates of around 270,000, and from the 2019 figure of 210,700. Even with a vaccine and reopened borders, it could be years before Australia can meet those targets again. In looking further ahead, it is predicted there could be 500,000 fewer people in Australia in 2040 than previously predicted due to the lack of migration and impacts of the current pandemic.
All this reads well for anyone at retirement ‘age’ and not wanting to stop work just yet!
And, before I go any further, consider this:
We need to be considering seriously, our potential untapped talent. If you are close to ‘retirement age’, and you do not want to retire, the world is opening up for you!