News / Europe

OECD Warns Eurozone Crisis Hurting Immigration

Secretary-General of the OECD Angel Gurria, May 22, 2012 (AP).Secretary-General of the OECD Angel Gurria, May 22, 2012 (AP).
x
Secretary-General of the OECD Angel Gurria, May 22, 2012 (AP).
Secretary-General of the OECD Angel Gurria, May 22, 2012 (AP).
Lisa Bryant
PARIS - The Paris-based Organization for Economic Cooperation and Development, OECD,  reports Europe's economic crisis is taking a toll on immigration, cutting the numbers of migrants and pushing many into the ranks of the unemployed. OECD's newly published findings released a day before a key European Union summit on the economy.

Released Wednesday, the latest migration outlook by the Organization for Economic Cooperation and Development finds permanent migration fell in 2010, but began picking up last year, as the world economy began looking up. But at a news conference in Brussels, OECD chief Angel Gurria warned the deepening financial crisis in the eurozone may reverse that trend.

"The European Union is one of the main catalysts for international economic exchanges, including of course, migration. It's prospects for growth, it's prospects for employment, have a direct impact on global migration flows," said Gurria.

Gurria says the outcomes of this week's European Union summit, along with the recent G20 meeting in Mexico, are crucial in determining migration trends and policies. EU leaders will be tackling the ongoing financial and banking crisis in the euro currency union that is now in its third year.

The OECD report shows that immigrants are a critical part of the labor force in many rich nations - accounting for a large chunk of its recent growth in the U.S. and Europe, for example.  Now, with a grim economic climate on both sides of the Atlantic, these immigrants are among the hardest hit.

"They were particularly affected by the global jobs contraction," said Gurria. "Young migrants, as I said, in particular, the impact was so strong that migration flows into the OECD countries actually declined."

Struggling eurozone member Spain is a case in point. As its economy nosedived last year, the report found the unemployment rate among immigrants soared to 32 percent.

Yet,  Gurria notes, Europe needs its immigrant labor force.

"By 2015, immigration at the current level will not be sufficient to maintain the working-age population in many OECD countries - particularly in the European Union," he said.

The OECD report also shows Asian immigration to OECD countries is growing, rising to about 30 percent in 2010. But it also warns that member states will soon be competing with Asian nations who are increasingly able to offer immigrants attractive jobs closer to home.

You May Like

India PM Modi's Party Distances Itself From Religious Conversions

BJP under fire for being slow to rein in hardline affiliate groups allegedly trying to promote Hindu-dominant agenda by luring Muslims and Christians to convert More

Anti-Whaling Group Found in Contempt of Court

Radical environmentalists who threw acid and smoke bombs at Japanese whalers in the waters off Antarctica continue their campaign to disrupt Japan's annual whale hunt More

UN's Ban Urges End to Discrimination Against Ebola Workers

Ban was speaking in Guinea on the second day of a whistle-stop tour aimed at thanking healthcare workers of the countries at the heart of the epidemic More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid