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Britain’s Labor Shortage Is Helping Drive Its Inflation Problem



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For two and a half years, the upstairs room at Luc’s Brasserie, a French restaurant in the City of London, has sat idle, closed off through the ups and downs of the pandemic. Next month, it will finally reopen with freshly painted walls, new décor and a calendar filling up with reservations.But something crucial is missing: the staff.Darrin Jacobs, the owner of Luc’s, needs to hire three more people to serve the diners, and he’s been looking for months. Four or five times a day he checks jobs websites, trying to get to the best candidates quickly. But he’s struggling to compete in Britain’s red-hot labor market.When faced with an unexpected opening or sudden busyness, “you used to be able to …

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