McGrory – REC report shows Brexit is hitting British companies

Brexit is already making life harder for businesses seeking to fill staff shortages, the Recruitment and Employment Confederation (REC) says today [Tuesday].

In its regular report on the UK jobs market, REC chief executive Kevin Green says that “the parts of the economy most reliant on European workers are under even more pressure as many EU workers return home.”

He goes on to say: “London in particular is feeling the Brexit effect. Hiring is still growing but at a much slower rate compared with every other region of the UK. Financial services, a crucial part of the London labour market, are not hiring in their usual quantity as the uncertainty caused by Brexit makes them hesitant.”

Commenting, James McGrory, Executive Director of Open Britain, said:

“The negative impact of Brexit is hitting British companies who are struggling to fill vacancies.

“This report sets out how EU workers are already leaving the UK, meaning jobs remain unfilled across a range of sectors and skill levels.

“To support our economy and our public services, the Government needs to make clear that EU citizens are welcome in Britain after Brexit. They should start by dropping their damaging and unachievable target of cutting net migration to the tens of thousands.”

/ends