Thursday, May 17, 2012

Myth: Three Million Jobs Depend on EU Membership


http://www.democracymovementsurrey.co.uk/dyk_myths.html

"Britain in Europe", the pro-EU campaign which eventually folded for lack of support, claimed that three million jobs depend on EU membership, based on research they commissioned.
  The scientist who led the research publicly disowned this claim. His report said that few, if any, jobs would be lost if we left, because trade with Europe would continue.

The National Institute for Economic and Social Research supported this view.   It says that 3.5 million jobs are linked with EU trade, but if Britain leaves, few if any of those jobs would disappear.  Indeed, unconstrained by EU red tape, our businesses would be free to create more jobs.  We would continue trading with the EU under a Free Trade Agreement, just as Switzerland, Egypt, Mexico and about 20 other countries do, with about 70 more negotiating their own FTA.  The World Trade Organization says so; the European Commission agrees. The rest of the world trades successfully with the EU from outside - why couldn't we? 
  
EU countries need to trade with us - in or out of the euro. Four million jobs in the EU depend on trade with the UK, and the balance of trade is strongly in their favour.  They would be mad to try to cut off trade with us.