US job creation falls and UK service sector slows as Delta variant hits growth – as it happened
by Graeme Wearden from Economics | The Guardian on (#5P3YV)
Rolling coverage of the latest economic and financial news
- Biden: Delta variant hurt jobs growth
- Wall Street drops as jobs growth stumbles
- US jobs creation much weaker than forecast, just 235k
- Delta variant hits leisure and hospitality hiring
Earlier:
- UK service sector growth hits six-month low amid shortages
- Wages jump in battle for workers
- Worker shortage will lead to UK food price rises, industry warns
- China's service sector shrank last month
The UK's wholesale food industry is warning that it cannot protect consumers from price rises forever, as they face soaring transportation costs and are having to spend extra money on incentives in order to attract new workers.
It comes as the cost of products such as tomatoes has almost doubled in the past year, while the price of vegetable oil stands at a 30-year high. A kilogram of tomatoes wholesale now costs 1.47 compared with 75p a year ago.
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