Job vacancies, labour shortages and a 'high-wage economy'
Are we really transitioning to a high-wage economy?
IFS Zooms In: The Economy · Institute for Fiscal Studies
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Show Notes
From HGV drivers, to strawberry pickers, to doctors and nurses, the UK seems to be facing labour shortages across many different industries.
As the pandemic recedes, and the impacts of Brexit begin to reveal themselves, the government have insisted that this is part of the transition to a 'high-wage economy'. What is happening in the labour market? Which sectors are facing the biggest challenges? And what can policy-makers do to help?
This week, we're joined by Jonathan Cribb and Xiaowei Xu, IFS experts on labour markets and jobs.
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