James Reed has zipped into the London head office of the jobs website that bears his family name on a bright blue Vespa scooter modishly emblazoned with his initials. In the midst of the worst worker shortage Britain has seen for decades, the chairman of Reed – one of the UK’s biggest recruitment websites, used by more than 11 million people a month – is the busiest he has been in the quarter-century he’s been at its helm.
It’s a far cry from last year, when the company – started by his father, Sir Alec Reed, six decades ago – was in crisis, with turnover plunging as the global jobs market crashed. “It’s unlike anything I’ve seen. We had a jobs bust last year; now it’s a jobs boom,” he says in his office in Holborn, central London. “It’s the
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