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Tuesday 18 December 2007

What a surprise

Apparently "More than 100,000 young Britons may have been pushed into unemployment by the new wave of Eastern European immigrants, an economic analysis on the impact of migration has revealed. The study, by the influential Ernst & Young ITEM Club, found that although the recent influx has boosted Britain's economy and kept inflation low, it may have increased unemployment for younger Britons and reduced pay increases for all.


Recent immigrant employment may have come at a cost to the domestic workforce


Since 1997, 1.5 million foreign workers have entered the British workplace, with many of these arriving from Eastern Europe in the past three years since the European Union expansion. This new group typically earns 40 per cent less than British workers.

Since 2004, the number of unemployed British 18 to 24 year olds has increased by 100,000, according to the study. "There is some evidence that the growth of immigrant employment seen in the last few years may have come at the expense of the domestic workforce," the report concludes."


What a surprise, I am so shocked...

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