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Isn't that totally artifical?! There is more demand than there are (appropriately good) workers to fill it!
Do you honestly believe that every work permit represents a lost UK job?
I think prohibitively inflated local wages simply encourage companies to either innovate/risk less or outsource abroad.
There may be, but we were recently in the position where we had 30,000 UK based contractors on the bench while non-EU workers were flooding in to be trained to take over their roles.
Outsourcing is a different issue (and even then the economics are very strained, it's certainly not as cheap as it is portrayed and many firms are reversing rapidly away from it), we are talking about setting conditions where people who want to work in the UK can do so if there is a job for them, at a market-level rate, that cannot be filled by local resources. PCG have stopped the idea of using labour at sub-continental rates (if you want to do that, use the people on the sub-continent) and so unfairly undercutting local guys who have to pay mortgages and Brown's stupid taxes; in other words, compete on merit, not cash. That is a major acheivement.
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