"The UK’s employment report which was released yesterday continued the understated recovery that the country is seeing from the Coronavirus Pandemic.

There are several issues which may happen later in the year around inflation and further stimulus to derail the rosy glow on Boris Johnson's cheeks. One Of the issues could be the lack of a skilled labour force.

There has been a surge in ambition from those who worked in hospitality and were either laid off or furloughed during the various lockdowns. That has meant that as the reopening has begun bar staff, waiters and kitchen staff appear to be in short supply.

At the other end of the skills spectrum, the absence of a full year's training has meant that certain skills in engineering and manufacturing could also suffer.

On the surface, yesterday’s data was encouraging without being spectacular. The unemployment rate fell, from 4.9% to 4.8%, as did the number of claimants. The fall was less than seen last month but the trend remains positive.

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