‘Brexit staff shortage drives salaries higher’

Bloomberg

A Brexit-driven decline in the availability of staff and surging demand for workers are pushing up starting salaries, according to Markit and the Recruitment and Employment Confederation. The availability of permanent candidates declined at the fastest pace in four months in September, according to a report published. Net migration to the UK has fallen to a three-year low after an exodus of European workers following the decision to leave the EU.
“The record-high UK employment rate plus a slowdown in the number of EU nationals coming to work here is exacerbating the situation, potentially leaving roles unfilled,” said Kevin Green, REC chief executive officer. “Recruiters are finding it even harder to find people to fill vacancies.” Restaurants, warehouses and supermarkets are experiencing particular difficulties since they employ a higher proportion of people from the EU.