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
Relative return index signals improving CRE attractiveness
Our latest global relative return index (RRI) signals that risk-adjusted investment opportunities in commercial real estate (CRE) should start to emerge this year before becoming more widespread in 2025. At this point, our baseline expected returns move higher than required returns, pushing the global all-property index above the 50 mark.
Find Out More
Post
South Africa: Elections 2024 | ‘ANC & friends’ election scenario
This Research Briefing sets out the first of four scenarios for South Africa's general election on May 29. In this scenario, the ANC wins over 46% of the vote share at the national level, and forms a government by working with small, constituency-based parties.
Find Out More