European Union


Brits started looking for jobs abroad after Brexit vote

by mfefadmin on July 27, 2016

Tens of thousands of British people are considering moving abroad to work as a result of the referendum vote to leave the European Union, according to new research.

The study from Indeed, one of the biggest global job sites, found a 77% surge in Britons looking for work in the United States, making the country the top market for would be expat job seekers, drawing six times more interest than the most popular country in Europe, France.

expat-brexitThe US accounted for 30% of all outbound job searches and English speaking countries are proving popular with Canada in second place with 13% and Ireland the third most searched location with 9%, then Australia and the United Arab Emirates both with 6%.

Not one of Britain’s mainland European neighbours featured in the top five overseas destinations for UK jobseekers. France, the most popular continental EU country, slipped from fifth place before the referendum to sixth place after it, attracting just 5% of Britons’ outbound job searches.

Ireland did not only benefit in a surge from job search from the UK. Traffic from the rest of the EU also increased. Here the spike was not quite as large as search from the UK, but it was still substantial at 2.2 times higher than the average in the days before the results of the referendum were announced.

Cities like Dublin are increasingly becoming talent magnet cities for EU jobseekers, the firm suggests and this is due to location, quality of life, ease of moving and lower cost of living than cities like London.

The report also suggests that the post Brexit desire to leave the UK could affect a lot of professional markets and result in a brain drain. For example, those searching for jobs in Ireland included sectors such as HR, marketing and engineering while those looking in other European countries were looking for positions in the finance sector.

‘We know from our data that Ireland was a major beneficiary of the post-Brexit surge. If the UK formally leaves the EU, Ireland becomes the main country with access to the common market where English is spoken as a first language by the majority of its citizens,’ said Mariano Mamertino, economist at job site Indeed.

Mamertino pointed out that the UK workforce wasn’t especially mobile prior to the Brexit vote. ‘While this overseas job search spike may be an emotional reaction to a vote that divided the nation, it spotlights what could be the start of a growing trend of UK based talent being lured away to dynamic labour markets in English speaking countries,’ he explained.

‘Outbound search is levelling out somewhat when compared to the 48-hour period following the result, but remains elevated particularly to Ireland where we’ve noted interest remains with a 22% spike compared to pre-referendum levels,’ he said.

‘In a post-Brexit global war for talent, Britain’s loss would be Ireland, the US and Canada’s major gain, as employers in these attractive markets are well-poised to lure away a high-skilled workforce from the UK,’ he added.

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