Fourth’s latest workforce update research report shows that UK headcount is down 2.4%, and Deloitte predicts that labour shortages will continue into 2025. Against a backdrop of ongoing uncertainty, a trained and engaged workforce is a high value asset for every operator.
The current economic climate has continued to challenge hospitality operators since we shared our last Hospitality Workforce Report in August, with spiralling energy and food costs, supply chain disruption and labour shortages threatening to impact profits.
While the hospitality landscape continues to be fraught with challenges related to inflation and soaring costs, consumer confidence and supply chain disruption, our latest insights uncover that the workforce is showing signs of positive development.