4 ms·
>Add Brexit into the equation, and the old assumption that companies can just hire extra people from Eastern Europe to fill any gaps can no longer be taken for
by minikites 5y ago
>Add Brexit into the equation, and the old assumption that companies can just hire extra people from Eastern Europe to fill any gaps can no longer be taken for granted.
Wild idea, but maybe companies should pay higher salaries. I bet they would find plenty of workers. If their business relies on paying people sub-standard wages, maybe their business deserves to fail to make room for someone else who is better at making a budget and paying their employees.
- fundad 5y agoWasn't this one of the stated motivations for Brexit? Fewer immigrants pressuring owners to raise wages for British citizens. It was the same here in the States with border wall construction, turning away asylum seekers instead of letting them work while their cases were processed, issuing fewer visas and detaining and deporting more people. Strange to see who is carrying water for owners instead of taking credit for what they've done for workers.
- pessimizer 5y agoIn the States, net immigration was negative before the border wall was proposed. It was an intentional distraction. It was also an intentional distraction when H. Clinton was lefty-punching over it at the same time the administration was doing NAFTA. No recent administration has earnestly cared about working-class wages. The reason working-class incomes have been rising recently is entirely due to public pressure and the need to pump cash into an economy that was on the verge of returning to a serious recession at a time when the two parties are absolutely even electorally. But since the administration is trying to avoid a big recession followed by endless recovery (i.e. learn from the mistakes of Obama), they're only interested in interventions that pour money into businesses. They're not interested in structural change; they're just taking advantage how absurdly slowly the USD inflates no matter how much of it you print.
- LatteLazy 5y agoIt was one of the motivations. BUT the people who voted for brexit were mostly not employed (too old, on various benefits etc). And as consumers they didn't want the immigrants THEY rely on sent away. So their wages remain unchanged and suddenly they have to wait longer in restaurants or the corner shop is shut early...
- White_Wolf 5y agoThat won't happen mate. At least not anytime soon. (Where I work) we have a few partner companies (service providers) that are paying a ton of money to train people that are not even in UK (most from India and Pakistan). After a chat with one of their managers: They want to buyild their skills up before bringing them here. It's a lot cheaper than hiring someone already in UK.