Low paid told not to expect post-Brexit boost in wages - News Summed Up

Low paid told not to expect post-Brexit boost in wages


Polish workers thin trees in a Worcestershire orchard. Researchers say that food manufacturing is a sector that may suffer under post-Brexit restrictions on migrant labour Joe Giddens/Press AssociationLow-paid workers will not see their wages rise even if Brexit results in falling EU migration and less competition in the job market, according to an analysis. A study by the Resolution Foundation, a think tank, found that even if net migration were cut to the tens of thousands, wages of British workers in the most-affected sectors would rise by between 0.2 per cent and 0.6 per cent. This small increase, the researchers said, would be dwarfed by a 2 per cent downgrade in average wage growth as a result of a shrinking economic base caused by the UK pulling…


Source: The Times August 15, 2016 23:37 UTC



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