US high-tech firms will cope with immigration restrictions, low-tech businesses won't

We are shifting to a world where it will be more difficult for people to move to jobs in other countries. We don’t yet know how rigid the barriers will become, but it is fairly clear that the high point in global labour mobility has been passed. It is tempting to associate this with the election of Donald Trump and to Brexit, but actually the shift was evident a decade ago. It comes from the political left as well as from the right.

Remember Gordon Brown’s “British jobs for British workers”? That was at the party conference in September 2007.

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