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Big Labour Shortages Help this Blue Collar Recruiter to Boost Its Profits.

By Malcolm Stacey | Thursday 29 July 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello, Share Users. This old punter avoided recruitment firms at the height of the pandemic. But it now seems to be a growth area with a shortage of employees in several sectors. Like hospitality and lorry driving for instance. One of the more interesting recruitment outfits is Staffline (STAF). The share price took a massive hit at the start of the pandemic and it had a bit of an issue with accounting fraud and a consequent balance sheet reconstruction. But it’s just provided a six month trading statement and things look good going forward.  

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