Brexit damage to economy will outweigh modest wage gains, says study - News Summed Up

Brexit damage to economy will outweigh modest wage gains, says study


Damage to the economy caused by Brexit will more than offset the modest wage gains for British-born workers in low-paid jobs caused by cutting net migration to the tens of thousands a year, a study has found. Facebook Twitter Pinterest A vineyard in Sussex, one of many food and drink manufacturers that rely heavily on migrant workers. The Resolution Foundation called on the government to place these sectors at the heart of a new industrial strategy. The thinktank’s director, Torsten Bell, said the study showed the impact of migration was complicated and needed to be responded to. “To reduce net migration to the tens of thousands would mean cutting the numbers coming from within the EU by much more than half while simultaneously significantly reducing migration from the rest of the world,” said Bell.


Source: The Guardian August 15, 2016 21:01 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */