Buy custom “Romania And Bulgaria Are Scheduled To Join To The European Union On 1 January 2007. Using Market Analysis, Discuss Some Possible Implications For The Uk Labor Market.”
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1330 |
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The outcome of the diagram indicates that generally, the arrival of Bulgarians and Romanians, everything else remaining equal, would case the employment levels to rise with slight increase in wage rates.
As mentioned earlier, the future expansion is not the first precedent in European Union, thus, some possible implications for the United Kingdom (UK) labor market could be drawn from the past...
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Hence, based on supply and demand analysis and on previous experience, the influx of Bulgarian and Romanian migrants to the Great Britain could result in the following positive outcomes in British economy:
- Firstly, during previous Euro Union enlargement in 2004, according to Work Permit (2006): “Immigration has boosted the UK economy by about ?2...
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“Romania And Bulgaria Are Scheduled To Join To The European Union On 1 January 2007. Using Market Analysis, Discuss Some Possible Implications For The Uk Labor Market.”
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