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UK – Adzuna founder warns of Brexit impact on UK jobs market

23 June 2016

If the UK leaves the EU it would negatively impact the UK jobs market according to Doug Monro, co-founder of jobs site Adzuna.

“A strong economy is something we take for granted,” Monro said. “Jobs are the oxygen for Britain’s economy – and our lifeline as workers. The EU vote is introducing new risks into the UK jobs market, and may well be causing widespread uncertainty.”

“A vote to leave the EU – on which many sectors depend for both customers and workers – risks throwing Britain onto an unstable path,” Monro said. “Recent falls in unemployment have been boosted by both a stable economy and a steady outlook. But pulling back from Europe could mean a drop in international investment and a cutback in hiring.”

“Workers and jobseekers will pay the price of an anxious wait for renegotiation,” Monro said. If business wobbles, those already in work may see their path up the career ladder slow down. The younger generation could have it even tougher, and may see doors closed to them as they try to find their first jobs. Some things shouldn’t be gambled with – and the job security of thousands is one of them.”

The EU Referendum takes place today 23 June 2016.