Friday Five – Migration

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This week’s #fridayfive is on migration.

  • Between 1950 and 2013, the number of working age people for every person over 65 has fallen from 5.5 to 3. This is expected to fall further to 2.2 by 2050
  • Non-UK nationals living in the UK are more likely to be of working age than UK nationals. 76.5% of nationals from the EEA are between the ages of 15-64, while only 63.3% of British nationals are between the ages 15-64
  • EU citizens in the UK are more likely to be in employment than UK citizens. In 2015, the employment rate for EU citizens in the UK was 82%. For UK citizens in was 77%
  •  Between 2001-2011, migrants from the EEA put in £22.1 billion more in taxes than they took from the state
  • New analysis from the ILC-UK shows that if the UK experiences a ‘high migration scenario’ between 2016 – 2064-65, GDP will be 11.4% higher (the equivalent of £625 billion) than if the UK experiences a ‘low migration scenario’.

 

These figures are from ‘Immigration: Encourage or deter?’. For more information and to read the report in full, please click here.

One thought on “Friday Five – Migration

  1. Dan Dennis said:

    Two points

    1) Too many articles on immigration speak as if all immigrants are the same. In fact some immigrants contribute more to the exchequer over the whole of their lives than they take out, and some do not. The future retirement of immigrants is a very expensive period so has to be factored into the cost-benefit analysis. What this means is that the UK should be choosy about which immigrants it allows in..

    2) Continual immigration will just result in the UK, particularly England, getting ever more crowded. Many people would prefer a gradual rise in the retirement age which is the alternative way of keeping the ratio of workers to retirees in balance.

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