UK recovery still unsteady despite July job surge, finds report

UK recovery still unsteady despite July job surge, finds report

UK recovery still unsteady despite July job surge, finds report

The Guardian says the relaxation of lockdown rules in July sparked a surge of hiring among UK firms, but staff shortages caused by the pandemic and Brexit could still undermine the recovery, the professional services group BDO reported on Monday.

BDO’s latest business trends report found that the jobs market strengthened last month, as hospitality venues such as restaurants and bars were allowed to operate without Covid-related capacity limits.

But many firms reported labour shortages, partly due to the pandemic – with workers being told to self-isolate by the NHS Covid app – and Brexit, BDO said. This created a scramble for workers, pushing up wages and leaving bosses fretting about rising costs.

https://www.theguardian.com/business/2021/aug/09/uk-recovery-still-unsteady-despite-july-job-surge-finds-report


 

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