Employment in the UK
The UK economy is highly dependent on talent from the rest of the World.
The growth of the UK economy has not been historically matched by investment in key subjects in Higher Education nationally. This makes it essential to continue recruiting talent from all over the World, particularly, but not only, from the rest of Europe.
For the last five years unemployment in the UK has remained at low records.
According to the Office of National Statistics between January to March 2015 and January to March 2020 the estimated unemployment rate fell from 5.5% to 3.9% (unemployment rate for men, from 5.7% to 4.1%; unemployment rate for women, from 5.3% to 3.7%).
The need to employ workers from elsewhere in the World will not disappear for the foreseeable future.
Despite the Covid-19 crisis, the UK economy’s dependency on talent from abroad is structural, and may grow even bigger as the country embraces the Fifth Industrial Revolution as an internationally autonomous player with global aspirations.