Employment levels is one of the most important metrics modern societies have to determine how well things are going. Unemployed people end up being poorer, less satisfied, unmotivated people, so unemployment is a thing to be avoided.

One of the biggest concerns about the risk of the UK leaving the EU is the damage it will do to businesses that depend upon inter-European trade to thrive. The fear is that leaving the EU will create such a loss of trade that many of these businesses will have to lay off their staff, flooding the market with a multitude of new workers.

While this fear isn’t totally unfounded, we can say that it isn’t a certainty either. International trade agreements, the kind that would protect any major fallout like this from happening, are pretty standard around the world; the chance of us getting cut off from trade are doubly unlikely thanks to the trade-imbalance the UK has with the rest of the EU (we buy more than we sell).

If Brexit has an impact on the levels of migration, which seems to be the motivation behind many people wanting to leave, then the lower levels of immigration could see an increase in demand of workers above and beyond what the UK is able to provide.