UK | Labour shortages are more a nibble than a bite
Construction and, to a lesser extent, manufacturing and agriculture were the only UK sectors to suffer significant labour shortages in July, according to our new proprietary index of hiring mismatches. Labour shortages spiked in the early stages of the pandemic due to the lockdown, huge take up of the furlough scheme, and migrant workers leaving the UK. But since then, the dearth of workers has eased significantly.
What you will learn from this report:
- Only construction, manufacturing and agriculture are
currently experiencing bigger mismatches than normal - Despite the well-publicised shortage of HGV drivers, mismatches in the transport sector as a whole were below average levels in July
- Two sectors report mismatches in line with long-run average
levels
Tags:
Related Services
Post
Housing affordability lowest in Greek, Danish, and German cities
House prices across Europe have soared over the past decade, especially in cities. During this time, incomes in Europe have not kept pace with house price hikes on average, squeezing the purchasing power of homebuyers in many European cities.
Find Out More
Post
Parsing US federal job cuts by metro
Cuts to the Federal government workforce, which we estimate to be 200,000 in 2025, will have a modest impact nationally, but more significant implications for the Washington, DC metropolitan economy as it accounts for 17% of all non-military federal jobs in the US.
Find Out More