The restoration of the Great Britain’s economy slowed down due to the ongoing lack of labor, which leads to failures in the supply, despite the fact that the government has taken away almost all the limitations introduced at the beginning of the coronavirus pandemic. Reports about it The Guardian.
The removal of anticoid restrictions could not compensate for the consequences of the distribution of the “Delta” -Tamma coronavirus. So, in July, GDP Great Britain has grown only 0.1 percent compared with the previous month, which has become a sharp slowdown after the June growth in one percent, testifying the data of the National Statistical Service. The indicator was lower than those projected by economists of an increase of 0.6 percent. In the service sector, which accounts for 80 percent of GDP, there was no growth at all.
The lack of raw materials and the rise in prices for it caused a decline in the construction sector. The production of the country as a whole did not grow due to the shortage of personnel. In the Logistics of Britain, 100 thousand truck drivers are missing. The problem is largely caused by Brexit, due to which labor migrants from the EU cannot receive visas. The British business scored anxious, since the lack of labor and materials caused the crisis in the supply, which reached the recorded since the 1970s. The current situation has posed the restoration of the country’s economy.
Lead economist Confederation of the British Industry (CBI) Alps Palesta said that the government needs to take action. In his opinion, to help companies hire workers, it is necessary to mitigate the rules of migration to the UK. The General Secretary of the “Shadow” Ministry of Finance of the United Kingdom, the representative of the opposition Bridget Phillipson stated that the inaction of the government holds back the country. “Today’s alarming figures show that while the Great Britain’s economy is trying to return to normal, infringement chains violation and other problems brake recovery,” said Phillipson.
The head of the Ministry of Finance of the country of Rishi Sunak, in turn, is confident that the UK economy will continue to recover after a pandemic. Nevertheless, the Great Britain’s economy is still 2.1 percent lower than before the coronavirus pandemic.
Lack of labor has become a serious problem on the restoration of other countries of the world. In the US, the personnel deficit has become a record – the number of new vacancies crossed the mark of 10 million. In China, the high rates of technical progress led to a shortage of qualified labor due to non-compliance of candidate skills with the requirements of employers. In Russia, against the background of coronavirus restrictions in the construction and housing and communal services, there is a shortage of personnel in three million people, pointed out in August in the Ministry of Economy.