Menu

Why is the EU single market good for jobs?

Answer
Over 3 million UK jobs are linked to our trade with the EU: one in every ten jobs in this country (Source: HM Treasury). Being in the EU will create 790,000 more UK jobs by 2030 (Source: Centre for Economic and Business Research).
Being in the single market means we have the freedom to work, travel and study in the EU, creating even more job opportunities for you and your family.
If we left Europe, UK businesses would have to pay new tariffs, increasing the cost of trading. That means some would fold and others would have to cut costs, putting millions of jobs at risk – meaning fewer jobs and opportunities for you, your children and grandchildren. An estimated 950,000 UK jobs could be lost (Source: Price Waterhouse Coopers for Confederation of British Industry).

Last updated: Feb 18, 2016