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Jonathan Portes

Jonathan Portes is a and Professor of Economics and Public Policy at . He holds a degree in from the and a master's in public affairs from . His career began at in 1987, followed by senior civil service roles, including Chief Economist at the from 2002 to 2008 and Chief Economist at the from 2008 to 2011, where he directed economic analysis during the global financial crisis and the London Summit. From 2011 to 2015, Portes served as Director of the National Institute of Economic and Social Research, a leading economic . He is a Senior Fellow at the initiative, focusing on the economic implications of and EU- relations. Portes's research emphasizes and labor mobility, labor markets, , social security, and evidence-based evaluation, with contributions including a book on and innovations in economic data measurement recognized in the . Portes has been a prominent commentator on UK economic debates, particularly advocating for the net economic benefits of and critiquing post-crisis measures, positions that have drawn scrutiny from opponents emphasizing fiscal constraints and cultural integration challenges. His testimony before parliamentary committees and media engagements have shaped discussions on and Brexit's labor market effects, though empirical claims on immigration's fiscal impacts remain contested amid varying interpretations of data from sources like for National Statistics.

Early life and education

Childhood and family background

Jonathan Portes was born on 18 April 1966 in , . He grew up in an academic family; his father, an economist, immigrated to the in 1962 as a and remained thereafter. Portes has described his father as a highly educated immigrant who studied in both the and the , suggesting early exposure to international mobility and scholarly environments that aligned with patterns among civil service entrants from educated immigrant backgrounds, where access to elite education often fosters interest in . Details on his mother's background or specific early influences remain limited in public records, with no verifiable accounts of direct debates in the household prior to . This familial context of skilled correlates empirically with subsequent advocacy for , though Portes' own path into appears more directly tied to formal academic training than documented childhood events.

Academic training

Portes obtained a degree in mathematics from Balliol College at the , graduating in 1987. He then pursued postgraduate studies at , earning a with a focus on and from the Woodrow Wilson School of Public and International Affairs. These qualifications positioned him for entry into the civil service, where advanced degrees in quantitative fields facilitated analytical roles without requiring extended academic specialization. Unlike many prominent economists, Portes did not pursue a , a common among academic and research-oriented peers that typically involves intensive training in empirical methods and original research. This absence has been highlighted in critiques of his expertise, though his trajectory emphasized practical policy application over doctoral-level theoretical depth. No specific undergraduate awards or distinctions in his academic record are publicly documented in available sources.

Professional career

Civil service tenure

Jonathan Portes joined in 1987, beginning a civil service career focused on analysis. Over the subsequent years, he advanced through increasingly senior roles within the Treasury and related departments, contributing to macroeconomic forecasting and assessments during periods of relative stability in the late and early . In 2002, Portes was appointed Chief Economist at the (DWP), a position he held until 2008. In this role, he oversaw economic evaluation of welfare-to-work initiatives and labor market policies, including assessments of activation measures aimed at reducing long-term amid rising caseloads. unemployment stood at approximately 5% upon his appointment, with empirical analyses under his leadership informing adjustments to benefit structures that sought to balance fiscal costs—estimated at over £10 billion annually for incapacity benefits—with incentives for workforce re-entry, though outcomes showed persistent structural challenges in claimant flows. Portes transitioned to at the in 2008, serving until 2011, where he directed economic strategy amid the global . He led cross-government analysis supporting fiscal and monetary responses, including the preparation for the Summit on April 2, 2009, which coordinated a global stimulus estimated at $5 trillion and expanded IMF resources by $500 billion to stabilize banking systems. His inputs informed the UK's domestic measures, such as the October 2008 bank recapitalization totaling £37 billion and the 2009 Budget's temporary reduction from 17.5% to 15%, which empirical data later indicated mitigated GDP contraction—peaking at -6% in Q2 2009—relative to counterfactual scenarios without intervention, though public sector net debt rose from 40% of GDP in 2007 to over 60% by 2010 as a direct fiscal consequence.

Leadership at NIESR and subsequent roles

In February 2011, Jonathan Portes was appointed director of the National Institute of Economic and Social Research (NIESR), succeeding Ray Barrell in leading the independent economic research organization focused on macroeconomic analysis and forecasting. Under his leadership, NIESR maintained its tradition of producing quarterly economic outlooks and policy-oriented studies on topics such as GDP growth, fiscal sustainability, and labor market dynamics, with forecasts including projections of GDP expansion at approximately 2.5% for 2014. Portes' tenure ended abruptly in October 2015, when he stepped down by mutual consent and with immediate effect, before the conclusion of his initial five-year contract set to expire in early 2016. The departure was attributed primarily to institutional financial pressures, including ongoing operating losses that necessitated management restructuring, rather than disputes over research direction or . NIESR's council appointed an interim director, with the transition emphasizing administrative stability amid budget constraints. Subsequently, Portes transitioned to non-executive roles emphasizing policy commentary, including as a Senior Fellow at , an initiative examining Brexit's implications, where he contributed to evidence-based assessments of , , and . He also engaged with the Centre for European Reform through collaborative publications on post-Brexit labor markets and EU-UK relations, reflecting a shift toward advisory and analytical positions outside direct institutional management.

Academic appointments and affiliations

Jonathan Portes serves as Professor of and Public Policy in the School of Politics and at , a position he has held since January 2017. In this capacity, he conducts and supervises research on macroeconomic policy, labor markets, and economics, leveraging institutional resources to disseminate empirical analyses through peer-reviewed outlets and policy briefings. Portes is a Senior Fellow of the programme, an (ESRC)-funded initiative based at , established to provide evidence-based research on the 's post-Brexit relationship with the . This affiliation, ongoing as of 2025, supports his work on EU-related and trade impacts, facilitating collaborations with other academic institutions for data-driven policy evaluation. He holds research affiliations with the (CEPR) and the Institute of Labor Economics (IZA), where he contributes to networks focused on and labor market studies. These roles amplify his ability to engage in cross-institutional empirical projects, including those examining causal effects of policy interventions on economic outcomes. Beyond academia, Portes acts as Senior Economics Advisor at , a firm, providing macroeconomic forecasting and advisory services to corporate clients since at least 2020. This position bridges academic research with practical applications, enabling the translation of econometric findings into strategic recommendations, though it operates outside traditional university structures. Collectively, these appointments position Portes to influence through rigorous empirical dissemination, drawing on university-hosted resources and interdisciplinary networks while maintaining separation from direct governmental roles.

Key contributions to

Role in response

During his tenure as at the from 2008 to 2011, Jonathan Portes led the economic analysis and formulation in response to the global , including coordination for the London Summit in April 2009. In this capacity, he contributed to the design of the UK's fiscal stimulus measures, such as the temporary reduction from 17.5% to 15% announced in November 2008 and extended public spending commitments, aimed at countering the recession's impact on demand. These interventions formed part of a broader package that increased the budget deficit from 2.1% of GDP in 2007-08 to 11% by 2009-10, reflecting a deliberate expansionary stance under the government. Portes' work extended to international coordination, where the Summit under hosting secured commitments from member states for approximately $5 trillion in stimulus and regulatory reforms over 2009-2012, including enhanced IMF resources and bank recapitalization efforts. Empirical data indicate these domestic and global measures mitigated deeper contraction: GDP fell by 6.3% from Q1 2008 to Q2 2009 but began recovering by Q3 2009, with peaking at 8.1% in late 2011 before declining at the fastest rate in four decades amid sustained employment growth. Public debt rose sharply to 80% of GDP by 2014, yet initial fiscal actions were credited by some analyses with preventing a more severe downturn comparable to . Critics of the fiscal expansion, including subsequent policy reviews, argued that the heavy reliance on exacerbated long-term debt vulnerabilities without proportionally accelerating productivity recovery, as UK GDP per capita lagged pre-crisis trends and full output recovery took until 2013. remained subdued below 5% through 2011, averting immediate monetary pressures, but the approach contributed to intergenerational fiscal burdens and prompted post-2010 that some contend prolonged stagnation. Household narrowed during this period, driven by employment resilience rather than stimulus design, though asset price effects from complementary monetary policies widened wealth gaps. Portes defended the stimulus as empirically justified against contractionary alternatives, emphasizing causal evidence from output multipliers in recessionary conditions.

Analysis of labor markets and immigration

Portes has maintained that immigration to the exerts minimal adverse effects on native-born workers' employment and wages, drawing on empirical analyses that emphasize aggregate labor market adjustments such as occupational specialization and . In joint work with Francesco Forte and Patricia Campo, he examined migration's influence on productivity using instrumental variable approaches, finding that a 1% increase in the share correlates with a 1.6-2% rise in labor productivity without displacing native workers. This perspective aligns with broader econometric consensus from studies, which Portes has referenced, indicating that post-1990s immigration had negligible overall wage impacts on natives but potential small negatives for low-skilled groups due to skill complementarities rather than direct competition. Focusing on the 2004 EU enlargement, Portes co-authored research utilizing longitudinal administrative data from the to assess inflows of over 1 million A8 nationals (from ) between 2004 and 2014. The analysis revealed no statistically significant reduction in native rates, attributing to rapid labor absorption and migrants' concentration in sectors like and where natives showed limited displacement. Wage effects were heterogeneous: a modest positive for higher-skilled natives and existing immigrants, but a small decline (around 1-2%) for low-paid immigrant workers, suggesting adjustment via at the bottom rather than broad native harm. Portes argued these findings vindicate the 's decision against transitional controls, as projected fiscal costs were overstated while dynamic benefits, including spillovers, materialized. Portes has differentiated impacts by skill levels, positing net fiscal positives from high-skilled inflows (e.g., via points-based systems) that exceed contributions from low-skilled groups, based on dynamic scoring models estimating long-term GDP boosts of 0.5-1% from selective migration. Low-skilled migration, he contends, yields mixed fiscal outcomes—initial costs from education and benefits offset by employment taxes—but minimal labor displacement due to elastic native supply responses. Countervailing evidence challenges the uniformity of these claims, with some sector-specific studies documenting localized depression for low-skilled natives in high-immigration areas, such as a 2-4% drop in and wages post-2004, attributed to inelastic local labor demand. Empirical revisions, including those from the Migration Advisory Committee, highlight strains on low-wage roles (e.g., care and ), where migrant inflows correlated with stagnant native progression and elevated claimant counts among semi-skilled . These findings, while not negating aggregate neutrality, underscore causal mechanisms like monopsonistic employer power in immigrant-heavy locales, prompting critiques that Portes underweights distributional costs to low-education natives amid institutional biases favoring pro-immigration narratives in academic economics.

Post-Brexit economic assessments

Prior to the 2016 Brexit referendum, Portes co-authored analyses forecasting substantial declines in migration to the under post-Brexit restrictions, estimating with Giuseppe Forte a potential 70% drop in EU work-related inflows over a decade due to the end of free movement, partially offset by rises in non-EU migration but still resulting in net labor supply reductions of around 600,000 workers. These projections incorporated econometric models of migration determinants, emphasizing that lower-skilled EU sectors like and would face acute shortages, while higher-skilled non-EU inflows might mitigate but not fully compensate for overall economic drags on and GDP. Following the UK's departure from the EU single market and in January 2021, Portes examined the implemented points-based migration system, noting its success in curtailing low-skilled EU entries—as predicted—but at the cost of unintended surges in non-EU migration, with data from 2021–2024 showing visa grants for work and study shifting toward higher-wage thresholds, yet exacerbating labor shortages in EU-dependent sectors. For instance, EU nationals' share of UK work visas fell from over 20% pre-Brexit to under 5% by , while non-EU grants rose sharply, leading to reported vacancies in , construction, and exceeding pre-pandemic levels by 2022, per labor market releases. Portes argued this compositional shift preserved aggregate migration volumes but distorted sectoral supply, contributing to wage pressures and output gaps without the sovereignty gains claimed by proponents. In broader post-Brexit economic evaluations, Portes estimated a 2–3% hit to GDP by mid-2023, attributing it primarily to trade frictions rather than alone, with regressions indicating a 15% drop in goods trade volumes against partners as non-tariff barriers like checks and regulatory divergence materialized. Empirical verification through 2025 data supports elements of these forecasts: exports to the declined to 41% of total exports in from 44% pre-, with goods trade values falling 6.1% year-on-year in mid-2025 adjusted for , per ONS figures, while growth lagged peers by 1–2% annually post-2021. Portes critiqued optimistic "hard " narratives of regulatory freedom yielding equivalent benefits as unsubstantiated, noting that counterfactual models excluding show GDP 2–4% higher by 2025, though he acknowledged policy's role in averting deeper recessionary pressures via non- inflows. These assessments contrast with projections of negligible long-term costs, highlighting causal links from exit barriers to persistent output shortfalls amid stable demand.

Views and public commentary

Positions on macroeconomic policy

Portes has advocated for expansionary fiscal policies during economic crises, particularly when interest rates are at the and options are limited. In 2009, as the grappled with the global , he endorsed the Summit's coordinated stimulus measures, including an expansion of IMF lending capacity by up to $500 billion and increased allocations, as essential to stabilize demand and prevent deeper contraction. This stance reflects his broader emphasis on fiscal multipliers amplifying the impact of in such environments, drawing from empirical assessments that higher multipliers prevail amid credit constraints and subdued activity. Post-2010, Portes critiqued the UK's rapid fiscal consolidation under the Conservative-Liberal Democrat coalition as mistimed and counterproductive, arguing it exacerbated output losses rather than fostering sustainable recovery. With John van Reenen, he contended that initial justifications for immediate austerity—such as averting bond market panic—proved unfounded, as UK gilt yields reached historic lows despite increased borrowing. They estimated that the measures reduced GDP by around 2.5%, per IMF analysis, and that delaying consolidation until 2014 would have curtailed cumulative output shortfalls to £239 billion (equivalent to 16% of 2010 GDP) over the subsequent decade, while limiting unemployment duration. Portes highlighted growth differentials, noting the UK's sluggish rebound compared to economies like the US that pursued more sustained stimulus, attributing this to premature cuts amid weak demand. In examining fiscal multipliers, Portes has referenced IMF revisions indicating values exceeding 1 in depressed conditions with high , warning that becomes self-defeating by contracting output and elevating debt-to-GDP ratios. Collaborating with Dawn , he modeled scenarios where multipliers, though often below 1 due to import leakages and monetary offsets, amplify contractionary effects in synchronized policy environments like the , where trade spillovers intensified downturns and raised projected debt ratios by 5 percentage points by 2013. This evidence-based challenges macroeconomic favoring early reduction for , prioritizing causal links between timing, multipliers, and dynamics over unsubstantiated fears of fiscal dominance. While Portes acknowledges multiplier variability, his positions encounter counterarguments from analyses estimating persistent effects below unity outside liquidity traps—such as Ramey (2019) revisions placing them at 0.6-1.0—and highlighting risks, where unchecked deficits have driven interest payments to £100 billion annually by , potentially crowding out future .

Stance on immigration economics

Jonathan Portes has argued that generates substantial economic benefits for host countries like the by enhancing , filling labor shortages, and contributing to fiscal through a working-age population that pays more in taxes than it consumes in services. In his 2019 analysis, he contended that the core economic rationale mirrors free-market principles, where voluntary allocates labor efficiently across borders, leading to overall gains without significant native displacement. He has frequently debunked claims of "benefit tourism," asserting that EU migrants were net fiscal contributors, with data from 2013 showing they paid more into the system than they drew out, countering narratives of welfare strain. Portes maintains that without sustained immigration, demographic pressures would shrink the tax base amid rising pension and healthcare demands, potentially necessitating tax hikes equivalent to 2 percentage points on post-Brexit restrictions. On labor markets, Portes has dismissed "myths" that immigrants steal or suppress wages, citing that effects on native and pay are negligible or positive, particularly for skilled inflows, and that any short-term pressures dissipate as economies adjust. He emphasizes aggregate growth, arguing immigration boosts GDP without proportionally increasing public spending, as supported by (OBR) models projecting lower deficits from higher net due to migrants' prime working ages. In public commentary, he has framed restrictionist policies as economically self-defeating, predicting that curbing inflows would exacerbate labor shortages in sectors like and while ignoring immigrants' role in sustaining public finances. Critics, however, contend that Portes overstates net benefits by focusing on averages that mask distributional harms, with empirical studies indicating low-skilled immigration depresses wages for similarly unqualified natives by 1-2% in affected sectors, as found in analyses. Fiscal claims are challenged by Migration Advisory Committee () and OBR breakdowns showing non-EEA and low-skilled migrants impose lifetime net costs exceeding £150,000 per person due to lower trajectories, family dependants, and higher usage, straining and services amid rapid . Portes' responses, such as disputing exaggerated cost figures from politicians, acknowledge selectivity matters but maintain overall positives; detractors argue this underplays causal evidence of native in low-wage jobs and GDP dilution, where aggregate gains fail to raise living standards for the existing population. These debates highlight tensions between short-term fiscal optimism in pro-immigration analyses and long-run evidence of uneven impacts, with sources like OBR projections sensitive to optimistic assumptions on migrant and .

Perspectives on Brexit outcomes

Prior to the 2016 referendum, Portes advocated for the UK to remain in the EU, emphasizing that departure would erect barriers to trade, investment, and labor mobility, potentially reducing GDP by 3-6% in the long term through diminished EU single market access and free movement. He argued that EU immigration had net positive fiscal and economic effects, with restrictions post-Brexit risking labor shortages in sectors like agriculture and healthcare, and lower overall productivity growth. In post-Brexit assessments, such as his 2019 collaboration with Giorgio Forte, Portes projected a 70% decline in migration offset by only a 10% rise in non-EU inflows, implying a net reduction that could constrain labor supply and exacerbate skills gaps. Subsequent data, however, revealed a sharper pivot: EU net migration turned negative by 2021, while non-EU inflows surged, accounting for 91% of work-related visas in 2023 and driving record net migration of 431,000 in the year to June 2024, primarily from countries like and via expanded and student routes. Portes later analyzed these shifts as of the points-based system, highlighting trade-offs like higher-wage thresholds reducing low-skilled EU labor but enabling policy flexibility, though he maintained the overall system failed to curb total inflows as intended. Portes has attributed UK's post-2020 economic underperformance relative to peers—such as 1-2% lower annual GDP growth through 2023—to -induced frictions in goods trade and regulatory alignment, estimating a cumulative output loss of around 4%. Yet causal attribution remains contested, with comparative analyses showing GDP trends aligning closely with and when isolating from concurrent shocks like the and energy crisis, which depressed growth more severely in manufacturing-heavy economies. Brexit enabled regulatory divergences framed by Portes pre-referendum as costly disruptions, including bans on live animal exports for slaughter (2024) and reforms scrapping EU-derived consultation mandates to reduce business burdens. These flexibilities have facilitated UK-specific policies, such as tailored chemicals approvals and aid rules, without the predicted cascade of flight, underscoring post-hoc against forecasts of inevitable alignment pressures.

Controversies and criticisms

Departure from NIESR

Jonathan Portes stepped down as of the National Institute of Economic and Social Research (NIESR) on October 6, 2015, by mutual consent with the governing body and with immediate effect, ahead of his five-year term's scheduled end in January 2016. The departure was driven by the institute's need for a fundamental shift in its to confront persistent funding pressures and operational challenges accumulated during Portes' tenure since 2011. Portes, who played a central role in NIESR's management and strategic decisions, cited agreement with the board that the timing allowed for necessary realignment, stating, “NIESR needs a new .” Official communications from NIESR highlighted these financial and strategic imperatives as the primary causal factors, diverging from some media portrayals that speculated on political motivations without substantiating evidence of ideological discord or dismissal. Following the exit, Dame Frances Cairncross assumed the role of interim director to stabilize operations and initiate a search for a permanent replacement, targeted for completion within three months. The episode prompted scrutiny of leadership effectiveness in addressing fiscal sustainability at an independent economic research body reliant on grants, contracts, and subscriptions, though no records indicate broader institutional upheaval or policy-driven purges.

Disputes over immigration data interpretation

In 2013, Portes responded to criticisms in the London Review of Books that from the 2004 EU enlargement had displaced native workers and depressed low-skilled wages, arguing that such claims scapegoated migrants without causal evidence. He cited (ONS) data indicating that immigrants held about 20% of low-skilled jobs but had not led to significant native employment losses, and emphasized studies showing only small negative wage effects for the bottom quintile of earners while boosting and high-end wages overall. Portes accused critics like of selective data use, such as exaggerating special needs rates in areas like (21% vs. national 20%) or NEET figures among white youth in diverse boroughs like Merton, where outcomes exceeded national averages for similar demographics. Portes has frequently defended interpretations of fiscal impacts from EU migrants arriving between 2004 and 2014, referencing Dustmann and Frattini's analysis of 1995–2011 data, which estimated a net contribution of £20 billion from EEA migrants—£4,300 per annually versus a £600 net cost per native—driven by higher rates and lower use among recent arrivals. Critics, including , contested this as overly static and optimistic, noting a downward trend in contributions post-2008 , exclusion of dynamic effects like future liabilities or costs for migrant children, and an overall migrant fiscal position worse than natives when including non-EEA flows. Portes maintained the methodology's robustness, attributing disputes to ideological resistance against aggregate empirical positives, though regional data revealed uneven strains on public services in high-inflow areas like and the . During his advisory role under , Portes supported the 2004 decision to forgo transitional controls on A8 countries, despite government forecasts vastly underestimating inflows—Home Office projections of 5,000–13,000 annual migrants proved erroneous as actual net migration peaked at over 200,000 yearly, contributing to missed informal net migration targets around 200,000. He later defended this empirically, citing post-hoc studies like his own departmental analyses showing no aggregate rise or sustained wage depression for natives, with A8 migrants filling labor gaps in low-productivity sectors. Detractors argued this reflected causal policy failure, as unchecked free movement amplified unforecasted pressures on housing and low-wage competition, with ONS revisions confirming undercounted arrivals and localized effects overlooked in national aggregates. More recently, in 2024 debates over post-Brexit migrant earnings, Portes challenged (CPS) estimates that only 5% of recent migrants earned above median wages, dismissing them as "baseless speculation" based on visa data and favoring (OBR) and HMRC figures indicating 25% high earners among workers. Critics accused him of selective reliance on PAYE data excluding self-employed migrants (who form a large low-wage share) and flawed Labour Force Survey samples undercounting inflows, inflating perceived fiscal benefits. Portes countered by filing accuracy complaints with the Independent Press Standards Organisation (IPSO) against outlets like for misstating illegal migrant numbers and contributions in articles referencing his work, with IPSO upholding partial breaches on statistical errors such as inflating London's unauthorized population from one-in-15–23 to one-in-12 via improper populations. These exchanges highlight ongoing tensions, where Portes prioritizes administrative records over survey-based critiques, amid broader of think-tank analyses from sources like CPS for emphasizing costs potentially amplified by restrictionist biases.

Challenges to policy influence and credentials

Critics of Jonathan Portes' policy influence have highlighted his lack of a and sparse record of peer-reviewed publications as mismatches for the authority he has wielded in economic debates and advisory roles. Portes holds a degree from the and a from , but possesses no doctoral , a point emphasized by historian in assessing his trajectory: "Portes has no PhD and has published painfully few articles in peer-reviewed journals." Despite this, Portes has exerted considerable sway through frequent contributions to left-leaning media outlets such as , where he opines on macroeconomic and immigration issues, and The New Statesman. Ferguson further contended that Portes' ascent stemmed from navigation of a "politicised " during Labour governments under and , where he served as chief economist at the and in the , rather than through conventional academic rigor. This bureaucratic path, critics argue, enabled influence disproportionate to empirical academic output, with his profile showing around 3,640 citations but limited original peer-reviewed work relative to his public profile. Such observations reflect broader from conservative commentators toward economists who prioritize media advocacy over verifiable, domestically focused causal analyses of policy effects like immigration's wage pressures on native low-skilled workers. In immigration economics specifically, Portes faced accusations of subordinating data interpretation to , as in his authorship of a 2000 Home Office report asserting migrants exerted "little aggregate effect" on native or wages—a finding later nuanced in 2013 to acknowledge "downward pressure for the lower paid" amid mixed evidence. Ferguson dubbed Portes a practitioner of "correct politicalness," nitpicking opponents' arguments (e.g., via corrections) to defend pro-immigration stances aligned with institutional norms, potentially overlooking causal domestic costs like labor market displacement in favor of globalist priors. These challenges, emanating from outlets like attuned to left-wing biases in and media, underscore tensions between Portes' practical policy experience—evident in crisis-era advisory roles—and demands for credentials grounded in extensive, unbiased empirical scrutiny.