Latest Breaking News On - Professor christian dustmann - Page 1 : comparemela.com

Biggest foreign-worker exodus since WWII adds to Britain s woes Andrew Atkinson, Bloomberg FacebookTwitterEmail Commuters cross London Bridge in the City of London on Feb. 15, 2021.Bloomberg photo by Jason Alden. Foreign workers are leaving Britain at the fastest pace since World War II, presenting a challenge to an economy already roiled by Brexit and the coronavirus. London alone has lost 700,000 people over the last year, recent research suggests. The implications are profound for the Treasury, landlords and the chances for a recovery from the worst slump in three centuries. The risk is that people don t come back, so we have skill and labor shortages and we lose some output, growth and tax revenue permanently, said Jonathan Portes, a King s College London economics professor who estimates well over 1 million foreign-born workers may have left. Given how migration has driven economic growth, particularly in London, that could be bad news.

City of londonCity ofUnited kingdomJonathan portesKate nichollsMichael oconnorGrainne gilmoreJason aldenChristian dustmannCentre for researchKing college londonAnalysis of migration at university college londonOffice for budget responsibilityEconomic statistics centre of excellenceUniversity of oxfordLabour force