Brexit scares off EU work­ers

Daily Freeman (Kingston, NY) - - BUSINESS -

Brexit has yet to hap­pen but there's one area where it's al­ready hav­ing an im­pact — the num­ber of EU cit­i­zens in the U.K.

The num­ber of peo­ple com­ing from the other 27 EU coun­tries into Bri­tain has fallen con­sis­tently since Bri­tain voted to leave the bloc in June 2016.

With less than four months to go un­til Bri­tain of­fi­cially leaves, many EU cit­i­zens are head­ing back home or opt­ing against mak­ing the trip to a coun­try where the eco­nomic outlook is so un­clear. Net mi­gra­tion from the EU— the dif­fer­ence be­tween those com­ing into Bri­tain and those leav­ing — has now fallen to a six-year low.

EU na­tion­als in Bri­tain have lived in un­cer­tainty since the Brexit vote, which was partly driven by con­cerns over im­mi­gra­tion and a per­cep­tion that mi­grants were de­press­ing wages. One of the main tenets of EU mem­ber­ship is the free­dom for cit­i­zens to move and work any­where within the bloc.

The Brexit vote also led to a sharp fall in the pound, which made Bri­tain a rel­a­tively less at­trac­tive place to work for for­eign­ers.

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