21 May 2016

The Guardian: Are EU migrants really taking British jobs and pushing down wages?

HMRC figures also show that EU migrants more than pay their way. Those who arrived in Britain in the last four years paid £2.54bn more in income tax and national insurance than they received in tax credits or child benefit in 2013-14. The Office of Budget Responsibility has estimated that their labour contribution is helping to grow the economy by an additional 0.6% a year. [...]

The LSE’s Jonathan Wadsworth said: “The bottom line, which may surprise many people, is that EU immigration has not harmed the pay, jobs or public services enjoyed by Britons. In fact, for the most part it has likely made us better off. So, far from EU immigration being a “necessary evil” that we pay to get access to the greater trade and foreign investment generated by the EU single market, immigration is at worse neutral, and at best, another economic benefit.” [...]

A recent UCL study showed that the typical profile of a European migrant in Britain was no longer a Polish plumber, but a young, single French or Spanish graduate working in the financial, technology or media industries.

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