UK firms worry about labour shortage

UK firms worry about labour shortage

UK firms could struggle to find enough skilled workers after Brexit, according to a report from consultancy firm Mercer.

It has found that Britain’s working population will grow slowly from 2020, or even contract, due to the ageing population and the prospect of fewer migrants entering the UK.

Mercer has modelled several scenarios, depending whether the UK cuts net migration to 100,000 per year, 40,000 year, or an actual an outflow of EU-born and Non-EU born workers caused by “an unwelcome social environment in the UK”.

Gary Simmons, partner at Mercer, says businesses need to wake up to looming labour shortages now — by doing more to help people into work, and considering whether some tasks can be automated.  READ MORE: https://www.theguardian.com/business/live/2017/feb/06/british-bosses-brexit-german-factory-orders-draghi-gig-economy-live

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