The Economic Impact Of Labor Migration On The UK After Brexit

Migration has become one of the key distributional issues in globalization,driven by the asymmetric allocation of labor and capital as factors of production around the globe.Labor migrants now represent roughly 190 million people or about 3 percent of the world population.They are an increasingly vital part of the global workforce.Migrant workers contribute to growth and development in their countries of destination,while countries of origin greatly benefit from their remittances and the skills acquired during their migration experience.Nevertheless,the migration process implies complex challenges in governance,migrant workers’ protection,migration and development linkages,and international cooperation.Nowadays,migration to the United Kingdom is one of the most debatable issues after the Brexit deal.Many speculations have been made regarding the impact of Brexit and its effect on the UK’s social and economic status.This paper seeks to examine the economic impact of labor migration in the UK and the new changes and regulations after Brexit.The paper consists of four main parts,and it is organized as follows.The first part adumbrates basic information about Brexit and labor migration to the UK,the scale and intensity of the phenomenon.After the introduction,a literature review is presented,which covers the history of the UK with the EU,labor migration in the UK,and its impact.In the third part of this paper,the methodological framework is set up.This study took a qualitative approach to explain the Brexit phenomenon,the impact of labor migration on the UK’s economy,its labor market before and after Brexit,and changes and new regulations UK’s government.In the fourth part conclusion and recommendations are presented.It is emphasized here that generally,labor migration has a positive,though in some areas,slight impact on the British economy and the level of social development.