Companies in Brexit 'supply shock' as fewer EU citizens come to UK
Businesses are struggling to fill vacancies as a result of drop in new EU workers, says report
Will this mean even more shortages? Should we stockpile industrial components too? Stock up on parts for televisions or boilers? No real need to worry -- we are talking about those companies represented by The Chartered Institute of Personnel and Development. In the companies concerned 'The number of people applying for the average low-skilled vacancy has fallen from 24 to 20 in the past year and from 19 to 10 for medium-skilled posts.', which doesn't exactly scream 'Shortage!!'
There is an authoritative graph showing numbers of EU immigrants declining (although immigration from other countries is increasing).
And there is another problem:
So on balance is Brexit likely to be a good or bad thing in this case for the Guradian?
Will this mean even more shortages? Should we stockpile industrial components too? Stock up on parts for televisions or boilers? No real need to worry -- we are talking about those companies represented by The Chartered Institute of Personnel and Development. In the companies concerned 'The number of people applying for the average low-skilled vacancy has fallen from 24 to 20 in the past year and from 19 to 10 for medium-skilled posts.', which doesn't exactly scream 'Shortage!!'
There is an authoritative graph showing numbers of EU immigrants declining (although immigration from other countries is increasing).
And there is another problem:
...shortages were forcing many companies to raise wages. ...Half of organisations with recruitment problems said they had increased starting salaries in response...“With Brexit looming we’re seeing a talent shortage and a more competitive marketplace. In this candidate-short landscape the pressure is on employers to not only offer an attractive salary, but also additional benefits.”'
So on balance is Brexit likely to be a good or bad thing in this case for the Guradian?
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