Skip to main content

Labour shortages have become widespread - this is how firms are responding

Josh De Lyon and Swati Dhingra


The majority of firms saw business grow between April and October 2021, after the shocks of Covid-19 and Brexit in 2020. But a new analysis by Swati Dhingra and Josh De Lyon into firms' experiences and expectations for the British economy shows confidence for the coming months is dipping. They find extensive labour shortages prevalent across all industries. Prices and wages are rising, but the growth rate of prices is catching up with nominal wage growth.


15 December 2021


LSE Business Review


https://blogs.lse.ac.uk/businessreview/2021/12/15/labour-shortages-have-become-widespread-this-is-how-firms-are-responding/

This Blog is published under the centre's Trade programme.

This publication comes under the following theme: Brexit