Quote:
Originally Posted by nomadking
It is basically saying this. Current level is 95, if the EU influx hadn't happened then it would've been 100. Leaving the EU won't automatically mean it will head back all the way to 100. Other factors are in play, but it might end up at 97. One of which that the presence of those already here will limit its recovery. If we stayed in, the 95 would drop FURTHER to 94, 93, ... 90. We can't undo the effect of the previous EU influx, but we can stop it increasing yet further and having a greater detrimental effect. Whichever way you look at it, they are worse off because of the EU, and would be even more worse off if we stayed.
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That isn't what it's saying.
Quote:
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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http://www.resolutionfoundation.org/...labour-market/
Depending on the performance of the economy it may have got/worse better if we Remained in the EU and it might get better/worse now.