Ella Maillart

I like to be busy. I once shared an agent with the late Sir John Gielgud, who, at 96, was apparently still ringing up, saying, 'Hello, Gielgud here, any work?' Good on him. We've got to keep working. If we retire, there'll be nobody to play the old wrinklies, and that would be a dreadful shame.

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.