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What impact will European elections have on the UK’s skills shortage?

by kyna-admin on June 4th, 2014

What impact will European elections have on the UK’s skills shortage?

 

It is in no doubt that the recent elections highlighted the voting publics growing concerns of the free movement of labour between countries in the EU, UK and overseas.

 

It is a fact that that between the end of 1996 and the end of 2012, the number of European nationals employed in the UK rose from 420,000 to 1.45 million. That rise, of 1.03 million, was just short of the 1.1 million increase in UK nationals’ employment. “Freedom of movement for workers shall be secured within the Union,” is the basic treaty of the EU after all.

 

With much rhetoric from political parties on immigrants taking jobs from UK nationals, we ask what impact this growing political protest could potentially have on the skills shortage we are currently experiencing in the UK.

 

With the economy gathering more pace as each month goes by, the number of companies recruiting Senior Executives, IT and Business Change professionals continues to grow and as a result the skilled candidate market continue to contract.

 

With so much revenue generated for the UK economy by Financial Services, Technology and Engineering industries, it is essential that these industries can continue to recruit the best available talent to enable their businesses to thrive.

 

With a skills shortage in the UK, having access to the global and European talent pool is a requirement to facilitate this. However it is obvious that this may grow increasingly difficult if a blinkered view is taken on immigration and highly skilled professionals find it easier to work elsewhere.

 

If we increased the skills, motivation and general employability of the UK’s working demographic then surely labour/migration movement would be less of a political hot topic. Currently EU visitors have an employment rate of 77.2 per cent, compared to 72.4 per cent for natives….

 

Sources: ONS’s Labour Force Survey and The Telegraph (EU elections 2014: Is immigration good for Britain?)

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