U.K. Worker Shortage Intensifies as Starting Salaries Climb

Photographer: Simon Dawson/Bloomberg
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Britain’s labor shortage intensified at the start of the fourth quarter as the waning supply of workers from the European Union forced firms to pay more.

Overall candidate availability fell at the quickest pace in nine months in October, according to survey data collected by KPMG and the Recruitment and Employment Confederation. That helped keep starting salary inflation near the fastest in more than three years.