Conduct an analysis of the impact of an external shock on demand and supply of healthcare labour market. In 2019, the number of established European Union (EU) nurses and midwives registered with the NHS decreased dramatically. As it stands, the health and social care (H&SC) workforce in the UK is under considerable strain to provide services for an increasingly ageing population. Brexit added another layer of uncertainty and complexity when planning for the future workforce in the health and social care sector. The UK’s nursing workforce has long relied on the recruitment of foreign nurses to address the nursing shortage. Many of the nurses who have since left the NHS based their decision on Brexit and the implications it had on their residency and sense of belonging in the UK. The decision made in 2019 that allowed the UK regulator not to recognise EU nursing qualifications after December 2020 was another exacerbating factor, further hindering nursing mobility into the UK (Pronczuk, 2019; Wells, 2020).

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Conduct an analysis of the impact of an external shock on demand and supply of healthcare labour market.

In 2019, the number of established European Union (EU) nurses and midwives registered with the NHS decreased dramatically. As it stands, the health and social care (H&SC) workforce in the UK is under considerable strain to provide services for an increasingly ageing population.

Brexit added another layer of uncertainty and complexity when planning for the future workforce in the health and social care sector. The UK’s nursing workforce has long relied on the recruitment of foreign nurses to address the nursing shortage. Many of the nurses who have since left the NHS based their decision on Brexit and the implications it had on their residency and sense of belonging in the UK.

The decision made in 2019 that allowed the UK regulator not to recognise EU nursing qualifications after December 2020 was another exacerbating factor, further hindering nursing mobility into the UK (Pronczuk, 2019; Wells, 2020).

The current healthcare labour market as it relates to the demand and supply of foreign nurses is depicted in Figure 2:

 

 

 

Wage rate
4,000
3,600
3,200
2,800
2,400
2,000
1,600
1,200
800
400
0
60,000
120,000
Labour demand
180,000
240,000
300,000
360,000
420,000
Labour supply
Quantity of foreign nurses
480,000
540,000
600,000
Transcribed Image Text:Wage rate 4,000 3,600 3,200 2,800 2,400 2,000 1,600 1,200 800 400 0 60,000 120,000 Labour demand 180,000 240,000 300,000 360,000 420,000 Labour supply Quantity of foreign nurses 480,000 540,000 600,000
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