Box C: Wage pressures: a perspective from online job advertisements
Jack Kennedy
National Institute UK Economic Outlook, 2021, issue 4, 17-18
Abstract:
Advertised pay in job postings on job listings website Indeed is rising fast in sectors where surging demand for new workers has outpaced supply. In rebounding sectors like food, distribution, construction and manufacturing, employers have been hiring at pace for months. However, the supply of jobseekers in those sectors has not kept up, leading to reports of labour shortages.
Date: 2021
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