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Migrant crisis, a solution to EU's low labor force

Healy Consultants Group PLC
18 September, 2015

In the first quarter of 2015, at least 185,000 people sought asylum in the EU, resulting in 86% increase in the amount of people migrating to Europe between first quarter of 2014 and 2015. Almost half of the numbers are from Kosovars, Syrians and Afghans due to the unrests and conflicts around the world.

Recently, more European countries are willing to accept the influx of migrants although by doing so might bring in ugly competition, such as prejudice, austerity, and labor insecurity, between native workers and new arrivals. One great example is Germany that has welcomed up to 49% of total migrants accepted by European countries.

Germany has one of the world’s lowest birth rate, resulting in a shrinking population and contracting labor force. German companies have been complaining for years that they are unable to find enough people to fill the vacant positions for a range of jobs. With most of the refugees being skilled and young, Germany believes that this could be the solution to its economic challenges in the long term. “We are ready to provide all legitimate asylum seekers the chance for rapid access to education and jobs” said Ulrich Grillo who leads the powerful Federation of German Industry.

On the other hand, Spain has announced that it would back the European Commission’s relocation plan to distribute additional 160,000 migrants and refugees across the EU. Healy Consultants group thinks that allowing more migrants into EU countries will generate new market and business by boosting the current low labor force, which also acts as a solution to the aging population. Furthermore, the supports from the larger EU countries such as Germany, France, Italy and Spain will unite EU in alleviating both refugee crisis and economic suffering.

Healy Consultants group offers global business solutions. To inquire more about Europe company setup options and schedule a conference call, email us at email@healyconsultants or call us on +65 6735 0120

Tags: Euro

About the Author

Healy Consultants Group PLC

Since 2003, Healy Consultants assists international Clients with company incorporation services worldwide. Our services include: company registration, opening of corporate bank account, accounting and tax services, legal services, jurisdiction comparisons...more.

To inquire more information about global business set up; call us on +65 6735 0120 or email us at email@healyconsultants.com


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