UK faces drastic EU worker exodus

UK faces drastic EU worker exodus

Highly skilled workers from the EU are the most likely to leave the UK as a result of Brexit, new research into the jobs market has found. 

Conducted by Deloitte, the research finds that almost half (47%) of highly skilled workers from the EU considered leaving the UK in the next five years, immediately after Brexit. Overall, 36% of UK-based non-British workers said they were considering leaving in the same period, with experts citing the causes as an uncertain UK economic outlook and a depreciating pound - The Guardian reports.

However, respondents to Deloitte’s survey, based outside of the UK, ranked the UK as the most desirable place to work for overseas residents. David Sproul, Chief Executive of Deloitte north-west Europe, notes that the UK’s employment opportunities and diversity are still attractive to foreign workers.

He said: “The UK’s cultural diversity, employment opportunities and quality of life are assets that continue to attract the world’s best and brightest people.

“But overseas workers, especially those from the EU, tell us they are more likely to leave the UK than before. That points to a short- to medium-term skills deficit that can be met in part by upskilling our domestic workforce but which would also benefit from an immigration system that is attuned to the needs of the economy.”

After Brexit, 65% of highly skilled EU workers in the UK described the country as less attractive. Among lower skilled workers, 42% of EU nationals said the country was less attractive. Despite these figures, a recent report from the Recruitment and Employment Confederation (REC) found that employer confidence has stabilised post-Brexit.

However, Kevin Green, REC Chief Executive and Member of Recruitment Grapevine’s Advisory Board, warned that the government needs to ensure the future of UK-based skills. He said: “As the government plans for the EU negotiations, we urge policy-makers to put the skills crisis at top of the agenda.”

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