How Does Brexit Affect the Job Prospects of International Students in the UK?
International students on study visas cannot work in the UK unless they subsequently apply for appropriate visas. This means that for them to secure job prospects, they must navigate the complex post-study visa system. While the UK government aims to create a favorable environment for talented individuals, the likely adverse effects of Brexit on the economy could lead to fewer job opportunities available.
However, international students will face increased competition from UK nationals who have lost the right to freedom of movement to work in the EU. This situation raises concerns about the domestic labour market and how the UK's departure from the EU could disrupt traditional employment patterns.
British politicians have proposed an Australian-style points system to manage skilled migration. However, this system may not favor individuals with limited or no work experience. Consequently, the competition for jobs could be even steeper for international students who may be up against candidates with superior work experience and financial resources.
Impact on Specialized Fields
The UK has already made special provisions to address the demand for scientists. This suggests a recognition of the critical need for skilled professionals in these areas, even amidst the uncertainty surrounding Brexit. While this is a positive development, it might not be enough to cover all sectors.
For international students from other regions outside the EU (ROW), it is hoped that a level playing field will be maintained. However, the EU is likely to demand certain concessions, leading to potential exemptions and complexities in the new system.
Future Economic Impact and Job Creation
It is anticipated that the economic impact of Brexit will necessitate the creation of more jobs, not just in the sectors previously targeted by EU workers but across various industries. The UK government should focus on promoting job creation through innovative measures and partnerships.
The political outlook is uncertain, and one cannot predict the exact nature of the final agreement with the EU. The behavior of the EU during negotiations is a critical factor that will influence the job prospects of international students. EU countries are known for their dedication to their 'project,' making them less likely to compromise on their principles, which could impact the job landscape.
Moreover, due to geographical proximity, EU students are at an advantage. As a businessman, I expect to continue recruiting from overseas, however, not just from Europe. The impact of Brexit on job prospects for international students could be significant and multifaceted, requiring a strategic approach to navigate the new landscape.