Yes it’s funny how Brexit voters are blind and deaf to the rolling shortages in the food industry…..sorry I should’ve said most sectors.
A brexit bonus
- Thread starter fillyboy
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Yes it’s funny how Brexit voters are blind and deaf to the rolling shortages in the food industry…..sorry I should’ve said most sectors.
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B
Bodd
Show us that report you posted about mass immigration doesn't bring down wages.
Eh?
I heard a lot of waffle about free movement driving wages down - which it didn't.
I've heard zero predictions about the current issues forcing companies to make it more attractive to hire scarce workers though? Good short term solution I'd say for certain sectors. About time wages went up.
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Correct.
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Bodd
Why, do you actually want an grown up debate about it, instead of childish Brexit nonsense?
Empirical research on the labour market effects of immigration in the UK suggests that immigration has relatively small effects on average wages, with negative effects on low-paid workers and positive effects on high-paid workers.
Reviewing 12 studies conducted between 2003 and 2018, MAC (2018) concluded that immigration had had little impact on average wages. Some studies (e.g. Nickell and Saleheen, 2015) had found a small negative impact on average wages while others (e.g. Dustmann et al, 2013) found positive average effects.
As with the impacts on employment and unemployment, several studies have found that effects are different for high vs. low skilled/paid workers. For example, Dustmann et al (2013) find positive effects for most workers but negative effects for the lower paid; they found that a 1 percentage point increase in the ratio of migrants to non-migrants leads to a 0.6% decrease in wages for workers at the 5th earnings percentile and a 0.5% decrease at the 10th percentile. Another study focusing on wage effects at the occupational level found that, in the unskilled and semi-skilled service sector, a 1 percentage point rise in the share of migrants reduced average wages in that occupation by about 0.2% (Nickell and Salaheen 2015).
The MAC (2018) estimated that an increase in the number of EU migrants corresponding to 1% of the UK-born working-age population resulted in a 0.8% decrease in UK-born wages at the 5th and 10th percentiles (i.e. people in the bottom 5-10% of earners), and a 0.6% increase at the 90th percentile (i.e. high earners). In practice, this means that between 1993 and 2017, the total effect of EU migration on the wages of UK-born workers was estimated to be a 4.9% reduction in wages for those at the 10th earnings percentile, a 1.6% reduction at the 25th percentile, a 1.6% increase at the 50th percentile, and a 4.4% increase at the 90th percentile. The calculation of the total impact should be interpreted with caution, however, because the model estimates the short-run response to migration, which is expected to disappear over time (MAC, 2018: 32).
Finally, research suggests that any adverse wage effects of immigration are likely to be greatest for resident workers who are themselves migrants. This is because the skills of new migrants are likely to be closer substitutes for the skills of migrants already employed in the UK than for those of UK-born workers. Manacorda, Manning and Wadsworth (2012) analyse data from 1975-2005 and conclude that the main impact of increased immigration is on the wages of migrants already in the UK.
This is yet another example of Brexiters conflating issues.
immigration has been needed for decades to fill jobs allowing the economy to grow.
literally millions of jobs in sectors British people don’t want to work in.
now there has been an exodus of workers, this country has a massive shortage of workers.
Raising wages doesn’t solve the shortage of workers….we now have an economy forced to decline and wage inflation that will raise prices
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If you have plenty of people willing to work for very little because they can buy a house in another country for the cost of a car here, why would you pay more?
supply vs demand.
Correct.
which ignores the fact demand for workers in many sectors has outstripped UK supply of workers for decades
and it is untrue -there is such thing as the minimum wage, so its not supply versus demand
Ah yes, the sacred 'minimum wage', the holy grail of the Labour Party. Fair do's, a few thousand people on slave wages were given an increase to bring them up to the minimum wage, but how many hundreds of thousands of people who by demand would have earned a higher wage, it set the bar for greedy companies as a low target very easily met which is why we're in the situation whereby HGV1 drivers were earning £10 per hour, until they said **** off and landed us with food shortages. We stripped Europe of Polish and Lithuanian drivers which forced Germany to 'import' Philippino drivers, until the Philippine govt put a block on that after having to rescue 40 drivers from Germany and Poland who suffered human rights abuse and criminal wages.
I thought you were a Socialist Notch, WTF are you doing wishing £8.91 ph on everyone, would you work for it?
Employers do.
C
Captain Nemesis
Which is exactly what you are doing - you are saying that a labour shortage which drives up rates of pay is a good thing. But of course that means that you must equally applaud market forces doing their thing when a excess of labour drives wages down to poverty levels.
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