Rail strikes and labor shortages are hurting UK economy - News Summed Up

Rail strikes and labor shortages are hurting UK economy


London (CNN Business) The United Kingdom has a jobs problem. "It's been a complete nightmare... [we're] literally down on our knees as we just can't seem to find the staff," she told CNN Business. The 'missing million'The UK labor shortfall is uniquely stark among the world's biggest rich economies. He told CNN Business that hiring from the continent next door is no longer a realistic option. A government spokesperson told CNN Business that it has "made significant improvements to [its] employer sponsorship scheme, including reducing the time it takes to recruit overseas."


Source: CNN June 21, 2022 20:45 UTC



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