A multinational human resources group claims the UK could be left ‘critically short’ of workers should the UK Brexit vote win the EU referendum next week.
According to the ManpowerGroup, the end of free movement, which would be one result of the UK’s withdrawal from the European Union, would leave Britain ‘less able to compete on the world stage’.
James Hick, ManpowerGroup Solutions managing director: “Employment in the UK is at an all-time high, but British businesses continue to create more jobs. Britain added 404,000 jobs in the last 12 months alone, and despite the uncertainties of Brexit, employers tell us they still need more workers. Make no mistake about the vital contribution EU workers make to Britain.”
The hotel industry notoriously employs many European workers and if the ‘Leave’ vote is successful in its campaign, it will undoubtedly affect the sector drastically.
But while demand for talent is up, Brexit uncertainty has led to the group’s Net Employment Outlook falling for a second, successive quarter to +5% as businesses hold off taking on new staff.
The survey was based on the responses of 2,110 UK employers.
Employment prospects in hospitality, retail and wholesale look less positive than the average figure, as the Outlook dropped four points to +3%, its weakest level since Q1 2014.
“Hiring intentions have dropped sharply in retail and leisure,” Hick added. “We have already seen how employers have looked to level off wages in response to the National Living Wage. Now, after three months, we’ve seen the biggest fall in hiring intentions in the retail sector for five years.”