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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
Recruitment Signs As Labor Shortages Hit U.K. Industries
Photographer: Chris Ratcliffe/Bloomberg

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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.