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Job vacancies surge past one million in new record

bbc.co.uk

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Re: Job vacancies surge past one million in new record

#21

Post by meheleventyone »

giantg2 wrote: post #10
elevenoh wrote: post #9

Salary increases are seriously lagging inflation.. (especially true if you use a more meaningful inflation metric than CPI) There's less & less incentive to be an employee in the traditional sense. What I'm hearing more & more: Pay me in crypto. Give me equity. Else I'm not interested.

Is there another metric?

CPIH for example in the UK which nominally includes owner-occupier housing costs that aren't part of normal CPI but doesn't contain the elephant in the room which is the increase in house prices.

Re: Job vacancies surge past one million in new record

#23

Post by IMTDb »

elevenoh wrote: post #9

Salary increases are seriously lagging inflation.. (especially true if you use a more meaningful inflation metric than CPI) There's less & less incentive to be an employee in the traditional sense. What I'm hearing more & more: Pay me in crypto. Give me equity. Else I'm not interested.

How does the currency you are paid with changes anything (apart from tax evasion) ?

Re: Job vacancies surge past one million in new record

#24

Post by tpm »

meheleventyone wrote: post #15
ndr wrote: post #11

"We advertised locally for 70 fruit-pickers and we had nine applications. On follow-up, only one was still available... in terms of recruiting locally, we failed completely," says Ali Capper, the owner of Stocks Farm in Suckley and chair of British Apples and Pears. At her orchard, harvest has just started. It must be done quickly and requires many pairs of hands. Ali had to turn to specialist recruitment firms and h…

In this case the jobs were always done by foreign seasonal workers. I dunno if Brexit has made them more expensive but I'd imagine they are less easily available.

Both more expensive and less available.

But the funny thing is in Eastern Europe, where these workers come from and where they presumably are now, there too are record job vacancies and rising wages. So probably something to do with either the pandemic or overheating economy from the cheap money.

Re: Job vacancies surge past one million in new record

#25

Post by CodeGlitch »

ndr wrote: post #11

"We advertised locally for 70 fruit-pickers and we had nine applications. On follow-up, only one was still available... in terms of recruiting locally, we failed completely," says Ali Capper, the owner of Stocks Farm in Suckley and chair of British Apples and Pears. At her orchard, harvest has just started. It must be done quickly and requires many pairs of hands. Ali had to turn to specialist recruitment firms and h…

Lorry drivers getting 40% higher pay:

https://www.bbc.co.uk/news/uk-england-coventry-warwickshire-...

In fact I can see this happening across many industries, and if you are one of those people working minimum wage can only be a good thing? The import of cheap labour does push down the wages of the working class - so the middle/upper classes get to buy cheaper fruit...

I believe farmers will have to work with this new "normal", and it'll take a few years for them to figure out how to cope.

Re: Job vacancies surge past one million in new record

#26

Post by plantain »

kubb wrote: post #14
ndr wrote: post #11

"We advertised locally for 70 fruit-pickers and we had nine applications. On follow-up, only one was still available... in terms of recruiting locally, we failed completely," says Ali Capper, the owner of Stocks Farm in Suckley and chair of British Apples and Pears. At her orchard, harvest has just started. It must be done quickly and requires many pairs of hands. Ali had to turn to specialist recruitment firms and h…

Work camps where exploited eastern europeans live in horrible conditions, their rights are violated, they get underpaid and a substantial portion of their wage goes to the agencies acting as middle men.

Are you describing the old system or the new system?

Because that's what the UK had before, and it's what the Australian system they're trying to emulate produces too.

Re: Job vacancies surge past one million in new record

#27

Post by stayfrosty420 »

Clepsydra wrote: post #16
have_faith wrote: post #7

There's a huge amount of people holidaying within the UK instead of going abroad. I wonder how many millions (billions?) are being captured in the internal market that would otherwise be spent elsewhere. Definitely part of the fuel driving the economic rebound, lots of people's holiday savings being released locally, and the middle class has generally been increasing their savings pots over the lockdowns.

"lots of people's holiday savings being released locally" True. But the UK have missed out of millions of foreign tourists. https://www.ons.gov.uk/businessindustryandtrade/tourismindus...

Based on the extortionate cost of holidaying in the UK right now these stats are relatively surprising

Re: Job vacancies surge past one million in new record

#28

Post by jcbrand »

IMTDb wrote: post #23
elevenoh wrote: post #9

Salary increases are seriously lagging inflation.. (especially true if you use a more meaningful inflation metric than CPI) There's less & less incentive to be an employee in the traditional sense. What I'm hearing more & more: Pay me in crypto. Give me equity. Else I'm not interested.

How does the currency you are paid with changes anything (apart from tax evasion) ?

So you're willing to be paid in Venezuelan Bolivars?

Re: Job vacancies surge past one million in new record

#29

Post by have_faith »

Clepsydra wrote: post #16
have_faith wrote: post #7

There's a huge amount of people holidaying within the UK instead of going abroad. I wonder how many millions (billions?) are being captured in the internal market that would otherwise be spent elsewhere. Definitely part of the fuel driving the economic rebound, lots of people's holiday savings being released locally, and the middle class has generally been increasing their savings pots over the lockdowns.

"lots of people's holiday savings being released locally" True. But the UK have missed out of millions of foreign tourists. https://www.ons.gov.uk/businessindustryandtrade/tourismindus...

I haven't looked at the data but I imagine foreign tourists mostly go to London and a few venture out to nearby hotspots. People within the UK seem to be branching out to every half-beauty spot we have in every corner of the Isles.
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