Economics
The Bank of England Needs One Million Missing Workers to Return
- Inflation and wages rise with fewer people in jobs market
- Concern that pressures once thought ‘transitory’ will persist
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The fallout for the U.K. economy from one of the worst labor shortages among rich nations is on full display at a Meridian Leisure Hotel in Reading, where managing director Moez Janmohamed likens it to a nightmare.