The EU Jobs Myth

Politicians who continue to claim that three million jobs are linked to our EU membership should be publicly challenged over misuse of this assertion. Jobs are associated with trade, not membership of a political union, and there is little evidence to suggest that trade would substantially fall between British businesses and European consumers in the event the UK was outside the EU.

In a report from the Institute of Economic Affairs published in March 2015, author Ryan Bourne calls for a rational debate, acknowledging how the structure of the UK labour market is fluctuating constantly; prior to the financial crisis, the UK saw on average 4 million jobs created and 3.7 million jobs lost every single year.

Leaving the EU would see a multitude of new policy decisions which would affect trade flows and the composition of the workforce, from trade arrangements through to the regulatory policies adopted. Whatever the policy climate, it can be said with certainty that three to four million jobs are not at risk if the UK leaves the EU. There may well be net job creation or a range of other possible outcomes which should be debated reasonably.

IEA: Press Release, 11.03.15: New report debunks the EU jobs myth http://www.iea.org.uk/in-the-media/press-release/new-report-debunks-the-eu-jobs-myth

ESO: In Focus: Brexit - The United Kingdom and the European Union http://www.europeansources.info/record/brexit-the-united-kingdom-and-the-european-union/

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