3 ms·
There’s also a lot of productive work that used to be done in the UK that the UK has no workers for anymore. I suspect in the short term this has hurt the UK’s
by rhaway84773 4y ago
There’s also a lot of productive work that used to be done in the UK that the UK has no workers for anymore. I suspect in the short term this has hurt the UK’s wealth and standard of living more than anything else. Fewer doctors, nurses, vegetable pickers, butchers, cleaners, etc means that less productive work is being done in your country, and the few remaining workers to do that will now charge a lot more money since they have to take on more responsibility and have to pay more for everything for all the other workers who are also charging more money. So even as your wages go up, your standard of living doesn’t.
Food for thought for all those decrying immigration in a country with less than 5% unemployment (and especially in an industry where the people in the US commonly tout how software devs in the US are paid higher than devs anywhere else in the world).