That is what has me slightly confused. There is a definite labour shortage just now. In hospitality it is at almost crisis levels. A job should be relatively easy to come by just now. In my office we have been trying to hire straightforward administrator jobs (around £26K a year) and have been really struggling. Five years ago these posts would have had 200+ applications the last one we advertised had fewer than 30.
One of the big issues with our economy just now. You have BOE executives going on TV and saying "unfortunately we need unemployment to rise before inflation can fall" apparently not realising that it is awfully hard for unemployment to go up when there is a massive labour shortage largely fuelled by changing demographics. |