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Re:UK pay falls at fastest rate on record as inflation hits by drewcoo on Tuesday July 19, 2022 @01:55PM (#32155496)
> It's bizarre that this can happen at the same time as widespread staff shortages are being reported in some sectors

No. It's exactly the same condition, but people are telling the story from different points of view.

Workers aren't getting paid any more, and with inflation, it's effectively a lot less.

Companies who scoop up cash via inflation just can't find workers who want to work for what the companies are willing to pay.

This is the result of neoliberal policies leading to a return of robber barons.

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