{"id":72776,"date":"2021-09-30T08:17:35","date_gmt":"2021-09-30T08:17:35","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72776"},"modified":"2021-09-30T08:17:37","modified_gmt":"2021-09-30T08:17:37","slug":"ongoing-worker-shortages-loom-over-uk-economy","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/ongoing-worker-shortages-loom-over-uk-economy\/","title":{"rendered":"Ongoing worker shortages loom over UK economy"},"content":{"rendered":"\n
Endemic worker shortages putting the UK economy in a vice are set to persist for months to come.<\/p>\n\n\n\n
Businesses\u2019 demand for workers jumped three percentage points to 25 per cent, according to data from the Recruitment and Employment Confederation (REC).<\/p>\n\n\n\n
Hiring intentions over the next four to 12 months also strengthened to 30 per cent.<\/p>\n\n\n\n
A paucity of lorry drivers has led to supply chain snarl ups, causing shop shelves to lie empty and delivery times to sharply lengthen.<\/p>\n\n\n\n
To find out more about how we can assist you with your Second Charge Mortgage<\/strong> please click here<\/a><\/em><\/p>\n\n\n\n A smaller pool of HGV drivers has restricted fuel from being transported around the UK, resulting in petrol station operators closing forecourts. Queues of motorists piling up outside petrol stations have been seen across the country.<\/p>\n\n\n\n \u201cWith demand for staff remaining high, the current labour shortages look set to continue for some time,\u201d the REC warned.<\/p>\n\n\n\n The number of job vacancies in August this year topped 1m for the first time on record, according to the Office for National Statistics (ONS). Businesses have hiked pay in a bid to attract talent, which is putting pressure on margins and intensifying inflationary pressures.<\/p>\n\n\n\n