U.K. wages are increasing as companies struggle to hire workers to assist them with recovery after the easing of the Covid-19 restrictions in July.
FTSE 250 Index up +0.33%, GBP USD up +0.20%.
The Recruitment & Employment Confederation recorded a near-record number of online job adverts last week.
The recruitment problem has raised concerns at the Bank of England, moving away from unemployment and toward the potential inflationary pressures of rising wages.
The travel sector will be looking for more staff after the government announced the requirements to end the quarantine for fully vaccinated visitors from the U.S. and Europe. The job postings from hotel operators increased by 21 percent last week.
Job postings for photographers, audio-visual, and broadcasting equipment operators climbed the most in the recent survey.
Big declines were recorded for job postings for teachers and player workers. 40% of regions with growth in job postings were in the North West of England. 40% of the lowest in growth were in Scotland.
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