UK is subsequently facing repercussion of a weakening Economy with the demand of 2,00,000 immigrants yearly needs to be bucketed to avoid the collapse of its falling GDP growth resulting due to the alarming labor market situation which is attributed to falling dependency ratio. This ratio is mainly concerned with the no. of working class present age of the to the present age of the elderly working class, i.e., above 65 yrs.
This figure is supposed to fall under 3.5 which had in the past been above 5.This causes ripples in the economic proposition which demands the working class individuals to be young and dynamic rather than being aged above the criteria which have been a standard of 45-50yrs.The industry-wise demand of laborers is different based on the need of the prevailing market condition with subsequent employee shortage.
At least 1,30,000 foreign workers will be required each year to fulfill U K’s workforce demands with propensity. With growing number of people aged above 65 yrs, health-care claims would increase which would also result in declining GDP.
With industries in hospitality, food processing and agriculture sector mainly requiring a minimum of 60,000 inflow of immigrants yearly to sustain the quality and capacity of work going on. It has now become a prerogative of UK ministerial board post-Brexit to understand the implications in the absence of Immigration