UK mulls wave of low-paid “skilled” migrants to crush wages

Advertisement

With UK wage growth recently hitting an 11-year high:

The Migration Advisory Committee (MAC) has recommended the Johnson Government drop the salary threshold for “skilled” migrants by more than £4,000:

Skilled migrants from outside the EU currently need to have a job offer with a minimum salary of £30,000.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.