An increasing middle-class \”brain drain\” of British professionals moving abroad to live and work is raising concerns about future skills shortages in the UK, Home Office research has found.
The study of emigration from Britain reveals that an estimated 4.7 million UK-born people now live abroad,
The study found that those moving abroad are overwhelmingly (93%) of working age
This is going to piss all over a pet theory isn\’t it?
The Home Office study says a large and increasing proportion of British citizens moving abroad are those from the professional or managerial occupations and this has implications for the future availability of skills in Britain.
This group made up just over a third or 37% of British emigrants in 1991 but reached nearly half or 48% in 2010 after a steady year-on-year rise until the global recession of 2008. Most moved abroad to a definite job rather than simply speculative looking for work.
Now, if we piece all that together: professionals, leaving the country for better/different jobs elsewhere.
That does rather look like there is indeed an international market for British labour, doesn\’t it? Which pisses all over the Work Foundation\’s (and various other lefties) insistence that an international market in UK labour doesn\’t exist and therefore what Johnny Foreigner pays people should have no effect on wages or inequality here.
I\’m one of those 5 million, John B is, Pete in France is, Bloke in Spain, our mate in Bilbao……the one theory that doesn\’t hold water after these figures is the idea that the UK labour market exists in glorious isolation from global trends.
Sorry, but it just doesn\’t.