Wednesday 25 April 2018

Emmet Oliver: Labour has always flown towards work opportunities

Emmet Oliver

Countries like to tightly control their economies and their labour markets, taking in labour when they need it and pulling down the shutters when they don't. But the problem is, the real world doesn't work like that.

Companies have altogether more unpredictable needs and labour will always flow towards countries where opportunities are most plentiful, regardless of government restrictions.

In that context the latest figures on the number of non-EU workers gaining work permits will not surprise economists, but they may surprise the rest of us.

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