Sniffs the Breeze on: where all the workers have gone

Strange times: businesses are at the same time desperate to hire and fearing a recession. (Image: Depositphotos)

Tue, 16 Aug 2022

If you want to get a roomful of business owners’ heads shaking in unison right now, ask them where all the workers have gone.They don’t know, but they’d sure like to find a few.With business and consumer confidence plumbing depths not seen in 30 years on some measures, there would normally be a chill wind blowing through the labour market.Instead, wages growth is exploding as employers fight over an apparently tiny pool of people either looking for work or keen to swap horses for a new boss.It is the strangest prelude to a pos...

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