A recent report highlights that record immigration has driven UK economic growth since 2010, yet it has failed to raise living standards. Economists found that the population surge is masking exceptionally bad productivity since 2008. Over the past 16 years, UK GDP per capita grew by 4.3%, compared to 46% in the years prior, with immigration being a significant factor. The report criticizes Tory austerity and lack of public investment for the economic downturn, noting that the average real wage is £14,400 below the pre-2008 trend.
"Furthermore, nearly half of all job growth since October can be attributed to various immigrant groups, including illegal immigrants, showing a far weaker economy than suggested." https://t.co/VPk4zcaXYp
Most Employment Growth Since Pandemic Has Gone to Immigrants Labor force participation for “prime age” U.S.-born men remains at historic lows https://t.co/i5caHt7o3l via @CIS_org
Massive uncontrolled immigration is a huge net negative to the economy. https://t.co/MfPP9BQU59
On the strong labor market: Steve Englander of Standard Chartered says half of new job growth this year has been from undocumented immigrants. He looks at data from U.S. Customs and Border Protection and U.S. Citizenship and Immigration Services, as well as those who have… https://t.co/N7vaY8xXEJ
The gap between native-born and foreign-born employment has never been wider: US native-born employment has not seen any growth since 2020, now at ~130.4 million. At the same time, foreign-born workforce has seen 14% growth, or 3.8 million workers. Immigrant employment jumped… https://t.co/aPv8xLgDYK
UK GDP per capita grew by 4.3% over the past 16 years, 46% in the years prior. Even that is due to immigration. Tory austerity, lack of public investment destroyed the economy. Average real wage £14,400 below pre-2008 trend. Must abandon neoliberalism https://t.co/3viPpQr4lo
🔴 Record immigration has failed to raise living standards in Britain, economists find https://t.co/DrYE8hz5xN
"Record immigration has failed to raise living standards in Britain, economists find "Population surge is masking ‘exceptionally bad’ productivity since 2008" https://t.co/bCPwxWjY0l
UK growth since 2010 has been lacklustre and largely driven by immigration, says report https://t.co/29ZsEfHBRW