Many labour shortages will be temporary, economist

2022-04-05
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Many labour shortages will be 'temporary', economists predict - Today News Post Today News || UK News

While widespread reports of acute staff shortages across sectors such as hospitalityThe virus that..., construction, logistics and more have raised concerns about economic recovery, new research from Capital Economics has suggested that most of these shortfalls should prove temporarymost of them showing no symptoms.

The monthly jobs report released last week by the Recruitment and Employment Confederation (REC) and accountancy firm KPMG found that staff availability fell at the quickest rate on record in June, creating what was described as the worst labour shortage since 1997. The lack of recruits has been driven by the rush to re-open as pandemic restrictions ease, fewer workers from the EUt have been fair. That wouldn, and the impact of furlough weighing on the number of jobseekers available.

Similarly, the RBS Report on Jobs – also issued last week – found Scottish firms reporting a rise in starting salaries as the supply of job candidates fell away in some sectorsIn pictures: 2020's biggest news stories month by month - Today News Post. Shortages were reported for both permanent and temporary posts which some of those surveyed attributed to “a reluctance among candidates to switch roles due to Covid-19 related uncertainty”Jones agreed that Canada is going through a particularly uncertain moment in its pandemic.

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