A recent report from the Migration Advisory Committee (MAC) has revealed that migrant workers in the UK’s IT and engineering sectors contribute positively to the economy and help address skill shortages. This report, the first of its kind commissioned by Home Secretary Yvette Cooper, highlights the financial benefits these workers bring and the impact they have on the sectors’ growth.
Key Points
- Migrant workers in IT and engineering generate a significantly positive net fiscal contribution to the UK.
- Higher-than-average wages and reduced reliance on public services among these workers bolster their positive impact.
- The report highlights ongoing skill shortages in both sectors and the necessity of international recruitment.
- While increasing domestic skills is vital, it won’t alone reduce migration; immigration policy changes are necessary for impactful change.
- The importance of diversity in these sectors remains a focus, albeit with limited progress noted so far.
Why should I read this?
This article is a must-read if you’re interested in the ongoing discussion around immigration and its crucial role in the UK’s IT and engineering sectors. It unpacks how overseas talent not only fills significant skill gaps but also contributes to the economy. Don’t miss this chance to stay ahead of the curve on important trends influencing your industry!