UK loses its lustre to European job seekers FMTNews FMTBusiness
The absence of EU workers is exacerbating inflation and widespread staff shortages in the British economy.
It’s ended the traditional rite of passage for hundreds of thousands of people from southern and eastern Europe who for years made the UK a destination for improving their job prospects and English skills. Britain became home for many Europeans in the 2000s and 2010s, spurring economic growth by feeding workers to a range of industries from hospitality and retail to factories and food production.
“The labour market and the Polish economy experienced a dramatic change,” said Pawel Bukowski, a research fellow at the London School of Economics who moved to the UK from Poland in 2016. “We basically — starting from a very, very low level of economic development in the early 1990s and low level of real wages — managed to catch up.”
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