across the economy, vacancies are a fifth higher than before coronavirus and employers can t find the staff they need. i think it is a perfect storm of lots of things, we have had a pandemic, people have not been moving jobs, people have been sticking where they are, so you ve got a lack of candidate movement, we have had a lot of eu workers that have gone home during the pandemic and it is difficult to get back if you want to. and the skill shortages, you re going back to a lack of apprenticeships from a long time ago that have not been coming through. there are still about 1.9 million more people workless than there were before the pandemic, with more than 607,000 fully furloughed, nearly 850,000 partially furloughed, 201,000 fewer on employers payrolls and nearly 300,000 fewer in self employed work. slowest to recover from the pandemic s economic symptoms is london where there are still far fewerjobs to be done serving coffee and lunch to workers in the city, for example, many of w
the high street is returning to life but not quite as normal. these vacancy notices signs of our times as employers struggle to keep up with demand returning but without the same number of workers after a combination of the pandemic and new post brexit restrictions on european workers. i think it s a perfect storm of lots of things. you know, we ve had a pandemic, people have not been moving jobs so people have been kind of sticking where they are. so you ve got a lack of candidate movement. you ve got a lot of eu workers that went home during the pandemic and actually, it s really difficult to get back if you want to. and there are skill shortages, you know, you re going back to a lack of apprenticeships from a long time ago that haven t been coming through. and almost i think the pandemic has accelerated a problem that was already underlying. for now, not all the vacancies match where the jobless are, nor their skills. but for those workers with in demand skills, such as here in cons
of candidate movement. we have had a lot of eu workers that went home during the pandemic, and it is difficult to get back if you want to. and the skill shortages you re going back to a lack of apprenticeships from a long time ago that have not been coming through. there are still about 1.9 million more people workless than there were before the pandemic, with more than 607,000 fully furloughed, nearly 850,000 partially furloughed, 201,000 fewer on employers payrolls and nearly 300,000 fewer in self employed work. slowest to recover from the pandemic s economic symptoms is london, where there are still far fewerjobs to be done serving coffee and lunch to workers in the city, for example, many of whom are still working from home. but in the wider economy, the big issue in thejobs market is now not so much people who can t find work as employers who can t get the staff. in health and social care, for example, a record 161,000 roles are going unfilled.
last year was tough on everyone. many businesses included. and what we are now seeing is that employer confidence is much stronger, so there is confidence that they can go out there and get the opportunities for business growth, particularly in key sectors, and we have seen the demand go sky high for things like it and digital skills. we have seen the real strain put on the nhs and the real strain put on the nhs and the health and care services. and they have had to bear the brunt of much of the pandemic. so there is a really high demand for staff in sectors like that. but then i was thinking about retail logistics and the opening up of the uk economy has led to employers needing to employ more staff. , ., ., more staff. they need to hire more staff but they more staff. they need to hire more staff but they can t more staff. they need to hire more staff but they can t necessarily i staff but they can t necessarily find them. why do you think there is a shortage? find them. why do y
is evidence that labour markets are probably tightening more than we might have expected. possibly companies are recruiting at the same time so so the issues around skill shortages, also coming into play, so a number of factors. just very quickly, when do you think we may be in a position in the key economies in the world, us, europe, to come of this kind of quantitative easing, the ploughing and of money every month from european central banks? i money every month from european central banks? central banks? i think we are in a different central banks? i think we are in a different position - central banks? i think we are in a different position around the world, as you mention obviously the us has its own 4% inflation, let s not forget that we are still at 2%, so it s going to vary around the world, but i think there are clearly huge policy dilemmas, including in the eu, if inflation does continue to be rising, because as you