The Resolution Foundation did a study that found that a 20-year boom in jobs in the UK’s largest cities was fuelled by migrants who came to work in UK. The following is how migrants affected the addition of jobs in its various regions:
Following the Brexit vote in 2016, there was a big slump in the number of migrants coming from EU nations to the UK. In what was 207,000 EU nationals as migrants arriving in the UK in 2015-16, the number came down to 58,000 in 2019-20.
The study found out a clear relationship between the growth of the UK’s labor force and migrant workers over the last 25 years. This has been particularly true about Britain’s major cities like London, Manchester, and Birmingham.
But the number of migrant workers attracted bythe UK has dipped following the Brexit referendum. It will be necessary for the British government to change its operational strategy and method by taking cues from this trend in the labor market. Employment rules will need to be enforced and strengthened. Some firms may respond to such stricter rules by hiring foreign labor irregularly.
Following the referendum, the number of workers from the EU’s A8 countries who left the UK exceeded the ones that arrived from there. Along with this, the net migration of Eastern European nations fell from 69,000 in 2015-16 to –16,000 by 2019-20.
The A8 countries
Britain’sfirms and industry sectors that depend on foreign workers will have to adjust to the new UK immigration regime and visa system. For this, they will have to bring up new business models, price raises, investment in automation, and shrinking business size.
UK Home Office has launched a new Tier 2 Skilled Worker visa program instead of a provision for low-skilled migrants. The program opened to applications on December 1, 2020, aimed at attracting the best talent from all over the world.
If you are looking to Study, Work, Visit, Invest or Migrate to the UK, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
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