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The Bank of England has previously criticised the statistics agency for the reliability of its its job market data, which the bank looks at to decide whether to raise or cut interest rates.

The main reasons that 3.5 million over-50s were out of the job market were illness and early retirement.

"When I started three years ago the job market was hugely different. Practices were crying out for salaried GPs and locums, there were plenty of vacancies."

In this month's survey of consumer sentiment by the University of Michigan, concerns about the job market surged to the highest level since the Great Recession, while household expectations of long-term inflation also jumped, in the biggest one-month rise since 1993.

Sadly, being great at your job isn’t enough to ensure career stability, particularly in an uncertain job market.