Economics

U.K. Job Market Missing Almost 600,000 People Since Covid Hit

  • Decline is creating acute skill shortages for employers
  • Inactivity continues to rise, despite bumper pay offers

Office workers pass a construction worker in the City of London, U.K., on April 11.

Photographer: Chris J. Ratcliffe/Bloomberg
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The tightest U.K. labor market in living memory is failing to tempt people back into work, creating severe shortages for employers.