Comments by "Greg Greg" (@SlowhandGreg) on "Brexit blamed for staff shortages in aviation industry | Simon Calder on the latest disruption" video.

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  3.  @robertbushnell5627  If you reduce the pool of labour your able to recruit from by 90% and have an ageing population with a birth rate of 1.6 (needs to be 2.1 to be stable) at the point you have a pandemic which hastens early retirement as well as introduce onerous visa requirements to replace your lost workforce then your going to have more than a few issues this is just the tip of the iceberg This is a Quote from Adam Posen a leading US economist from an article published in Bloomberg (business and market analysis) Most of the UK’s soaring inflation is down to Brexit Adam Posen said 80 per cent of the reason why the UK will see the highest inflation of any G7 country next year, as per the latest IMF forecasts, is due to the impact of Brexit on immigration and the labour market. He warned that Britain is showing to be less elastic than its counterparts in its post-pandemic recovery, and that it could be trapped in a high inflationary period for longer. “You’ve seen a huge drop in migrant labour, a disruption in labour markets that everybody experienced due to Covid and reopening, but with fundamentally less elasticity… and that [Brexit] has to be a major part of it,” he told a conference at Kings College in London yesterday. “When you look at the monetary factors, the growth factors… the UK doesn’t look that different from the euro area. “When you look at the macro factors, it’s very difficult to see anything other than the labour market issues. “There’s been no regulatory changes… It really seems like Brexit has to bear a disproportionate role in explaining the inflation.”
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