Monday, July 10, 2017

Low Pay? - All The EU's Fault!

Phil Hanson, Beechmount Close, Baildon, Shipley. THOSE on low pay have only the EU to blame for a lack of pay growth. It is a simple matter of supply and demand, we have an oversupply of cheap labour that pegs pay rates for low earners very firmly in the ground. As long as employers have this, pay will not increase or, at best, will do so very slowly. If migration was brought down to the tens of thousands, that would put pressure on employers to invest, either in training people or automation or both. This, in turn, will increase profitability and self-fund the investments. The quagmire that is much of the EU is held back by the massive influx of migrants, which clearly demonstrates why we must act in the interests of UK workers first and foremost, while respecting the rights of EU workers who came in before the referendum.
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