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Box C: Wage pressures: a perspective from online job advertisements

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  • Kennedy, Jack

Abstract

Advertised pay in job postings on job listings website Indeed is rising fast in sectors where surging demand for new workers has outpaced supply. In rebounding sectors like food, distribution, construction and manufacturing, employers have been hiring at pace for months. However, the supply of jobseekers in those sectors has not kept up, leading to reports of labour shortages.

Suggested Citation

  • Kennedy, Jack, 2021. "Box C: Wage pressures: a perspective from online job advertisements," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 4, pages 17-18.
    • Handle: RePEc:nsr:niesra:i:4:y:2021:p:17-18
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    File URL: https://www.niesr.ac.uk/wp-content/uploads/2021/11/UK-Economic-Outlook-Autumn-2021.pdf
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    References listed on IDEAS

    as
    1. François Bourguignon & Amedeo Spadaro, 2006. "Microsimulation as a tool for evaluating redistribution policies," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 4(1), pages 77-106, April.
    2. Edouard Challe, 2020. "Uninsured Unemployment Risk and Optimal Monetary Policy in a Zero-Liquidity Economy," American Economic Journal: Macroeconomics, American Economic Association, vol. 12(2), pages 241-283, April.
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