How have countries regulated immigration in response to their local unemployment rates?
15 Feb, 2018
Unemployment often serves as a country’s primary rationale for restricting skilled labor from abroad—the higher the unemployment rate, the more attractive the argument for limiting foreign workers.
Though conventional arguments suggest that restricting skilled foreign workers would bolster local employment, a countervailing argument is well supported by evidence that, in fact, high-skilled immigrants bring fresh ideas, talent and innovation that are beneficial for growing jobs and GDP. Thus, bucking conventional wisdom, many countries draft regulations with the intent of increasing net migration to meet economic policy objectives.
Every country approaches immigration policy differently, but comparing how countries respond to unemployment provides a yardstick for understanding the economic arguments underpinning immigration policies and how these arguments are filtered through each country’s political system. BAL has analyzed immigration regulations in countries around the world, especially high-demand destinations for skilled immigration, and found several patterns in how they structure their immigration regulations in relation to their unemployment rates.
This white paper explains these patterns in detail so that multinational companies can strategically plan how to structure their global mobility programs. Complete the form below to access the publication.