Global economic crisis affect the Migration inflow into OECD

Published Date:   Friday, Nov 09, 2012

 

International Migration Outlook 2012 published by the Secretary-General of the OECD reveals that there is a drop in employer demand reducing the labour demand to the OECD countries. Temporary labour migration fell almost everywhere during the recession, including Australia, Canada, Japan and the United States. In 2010 inflows of labour migrants to OECD countries was around 780 000 as compared with 880 000 in 2007. The report also finds that the demand also affects the inflow of high skilled labour too especially among the Asians. However, the hope may not last longer. The report cautioned that the inflow of high skilled labour force may reduce to OECD countries once Asia develops. The report suggested for proper policy measures to tackle the imminent challenges for the economic development of the OECD countries that includes improving the standard of wages and working conditions and promoting better recruitment practices. These crises should make the OECD countries to learn lesson and take appropriate measures, the report stated.

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