Despite jobs being cut and a higher-than-average rate of unemployment in the UK, there still remains a skill shortage and a lack of qualified candidates for some professions, according to Adzuna’s June 2016 report*.
This, coupled with the recent announcement of the Brexit move, could mean that there is a particularly high influx of skilled, EU and non-EU nationals flocking to the UK before negotiated changes to visas, travel and immigration policies are implemented.
The Financial Times (June, 2016) ** reported senior minister Chris Grayling stating that the government may take early action to prevent this from happening, however summarised that it would be unclear as to whether this would be able to happen before Brexit negotiations are finalised.
The Adzuna report provides details of some jobs which have seen a salary increase over time. These include jobs in the design industry, in which salaries have gone up by an average of 3.8% and consultancy jobs, seeing a rise of as much as 100%, says the report. Other industries include nursing, construction and engineering.
An approximate figure of 1.8 million engineers is referred to, quoted by the Royal Academy of Engineering. At present, a significant number of certain vacancies are consistently filled by highly-qualified EU and non-EU nationals who help fulfill these demands, though there still remain vacancies available.
This is promising news for new graduates and skilled professionals in India, who are increasingly choosing to find employment abroad because of the opportunities offered.
As stated by the *UK Council for International Student Affairs (March 2016), there are more students opting to study degrees and higher qualifications in subjects including engineering, accounting, computer sciences and law, which marries up to the job shortages.
Students from India are, after China, the second largest band of international students travelling to the UK to study, with more than 18,000 taking courses between 2014-2015, the UKCISA states.
It remains to be seen how rules and policies around applying for these roles in the UK will work following the announcement of Brexit and over the negotiations period of the next two years.
Sources: *Adzuna: www.adzuna.co.uk/blog/2016/06/28/adzuna-job-market-report-june-2016-2/Barr, Becky, 28th June 2016)
** The Financial Times, http://next.ft.com/content/a874de26-34b2-11e6-bda0-04585c31b153 , ‘What Will Brexit Mean for Immigration?’ by Sarah O’Connor and Gonzalo Vina, 24th June 2016