The Sun have misreported the findings of the report. Although it did say there may be a pay-rise for lower skilled workers it found that this wouldn't make a difference compared to the projected lower growth and employment prospects.
http://www.thetimes.co.uk/article/lo...ages-ckb5mjzlx
Quote:
Low-paid workers will not see their wages rise even if Brexit results in falling EU migration and less competition in the job market, according to an analysis.
A study by the Resolution Foundation, a think tank, found that even if net migration were cut to the tens of thousands, wages of British workers in the most-affected sectors would rise by between 0.2 per cent and 0.6 per cent.
This small increase, the researchers said, would be dwarfed by a 2 per cent downgrade in average wage growth as a result of a shrinking economic base caused by the UK pulling…
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In other words there will be an increase in pay from lack of competition from migrants workers but a bigger decrease as a result of a slowing economy.
The Sun has also overstated the report's finding of a link between migration and lower paid workers. You can read the report itself here:
http://www.resolutionfoundation.org/...labour-market/
Quote:
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While the growth in the share of migrants in the population did not affect the earnings of native workers overall, it is wrong to say they had no effect. Increased migration did drag on earnings in some sectors (by between 0.5-2.0%), but these small effects do not explain and were in fact dwarfed by the general pay squeeze experienced during the same period (4.7-9.7%). In the next few years a fall in migration will do little to ameliorate the squeeze on wages for native workers.
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