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UK Points-Based Immigration and Its Effect on the Job Market

Personal_Finance / Employment Feb 08, 2020 - 03:42 PM GMT

By: Submissions

Personal_Finance

When the UK exits from the European Union (EU), freedom of movement ceases, and EU citizens will not be able to come in the UK to live, work or study under the existing immigration rules – and vice versa.

This means a new immigration system will be needed to enable those wanting to come and contribute to the UK to do so. As was proposed in Brexit debates and is still favoured today by the UK Government, a points-based immigration system is likely.


If the points-based immigration system becomes active, looking for a UK job on Jobrapido may mean fewer numbers to compete with. Still, it may also mean higher quality candidates resulting in fiercer competition.  

Why Does Australia Keep Getting a Mention?

Australia has become a reference point for politicians wanting to evidence an immigration model that the UK wants to replicate. However, it is not just Australians that use a points-based system to determine who should be allowed to come and work, and who shouldn’t. New Zealand and Canada also use a points-based system.

In a points-based system, the candidate is awarded points for meeting different criteria. In Australia, individuals are given near half the necessary points for being between the ages of 25 and 33. Level of English and education level can help the points tally up.

Yet, the deciding factor to get into Australia is the person's job offer. The job they are coming to do (which must be secured beforehand and not on arrival) needs to be on a skilled shortage list. Some posts never leave the listing such as nurses or rural farmhands, while other jobs feature some years and are removed in others.

The UK's planned points-based immigration system will be different from this as it will not award points for criteria such as age, and employers will have more control. The main principles debated during development is how much the person will need to earn a minimum. Some propose £30,000 while others argue for just over £25,000.

How Will This Effect the UK Job Market?

The exact effects of a UK points-based immigration system on the job market may not be entirely known. Yet, the introduction of such a system should align with the government’s aims of targeting high-skilled workers. One of the worries is that it will reduce the number of people searching for low-skilled or manual jobs, and this could affect related industries. Here are some more predictions:

·     Low-skilled UK nationals will enjoy reduced competition for jobs

·     High-skilled UK nationals will experience the same, if not higher, competition for jobs

·  Manual industries may experience a labour shortage, which gives power to workers and drives up wage demands
·     Job applications for low-skilled jobs will decrease

The knock-on effect of any repercussions of a points-based immigration system may then be seen in stocks and shares of companies relying on manual workers.

Mark Adan
Has been working with writing challenged clients for over 5 year. He provides writing, publishing guest blog post services. His articles have appeared in a number of e-zine sites, including ArticleBase EzineArticle HubPages and TRCB.

MarkAdanSEO@gmail.com

Copyright 2020 © Mark Adan - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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