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financial analyst
Labour Productivity
I read that Theresea May has come up with a plan which is a response to Prime minister David cameron promise to reduce immigration generally .
The plan is to tax a £1,000 a year per person on businesses that want to bring high-skilled workers from non-Eu countries on the theory that British companies will be forced to employ British people instead .
I always thought that immigration generally adds to economic growth and not the opposite , new workers = more value and demand = economic growth .If you shut down doors to new workers than you will end up like japan which in fact Britain was close to becoming like japan until very recently .
I think this topic is related to J.P. Morgan because As an international strong company you have the right to chose your workers no matter where they are from and limiting yourself to British workers will limit your productivity and value and if you were to get smart workers from non-Eu countries you might have to reconsider your employee Budget .
I personally think the government should consider paying high-skilled workers to move here
